Michael Emmett Brady

Research

Pace Carabelli Aand Dow, There is No Common Discourse Language Logic in Keynes’s A Treatise on Probability

Global Journal of Human Social Sciences January 19, 2024

For 45 years, both A. Carabelli and S. Dow have been arguing that KeynesÒ€ℒs non demonstrative logic in the A Treatise on Probability is a common discourse logic (rhetoric). They provide no textual evidence anywhere in KeynesÒ€ℒs A Treatise on Probability to support this claim. They have never supported, through the citation of specific pages or paragraphs in KeynesÒ€ℒs book, their claims that KeynesÒ€ℒs logic is NOT a formal logic. What is in the A Treatise on Probability is a version of BooleÒ€ℒs relational, propositional logic that Keynes combined with a first order (predicate) logic. These are mathematical, formal, symbolic logics. They have nothing to do with common discourse logics using the English language. A simultaneous reading of chapters I and II of KeynesÒ€ℒs book and chapters I, XI, and XII of BooleÒ€ℒs The Laws of Thought lead to one, and only one, conclusion- KeynesÒ€ℒs logic is a formal logic derived from G. Boole. The only conclusion that follows from KeynesÒ€ℒs application of Boolean logics is that Carabelli and Dow have been severely confused for 45 years in what a formal logic is and what a common discourse logic is. Given that KeynesÒ€ℒs non-demonstrative logic is a formal, mathematical, symbolic logic, the only conclusion possible is that Keynes is a formalist and a logicist, who was, and is, vastly superior to any economist, either orthodox or heterodox, in the 20th and 21st centuries.