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A treatise on Probability

A treatise on Probability

Keynes, Black

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With this treatise, an insightful exploration of the probabilistic connection between philosophy and the history of science, John Maynard Keynes (1883–1946) breathed new life into studies of both disciplines. Originally published in 1921, the famous economist's most important mathematical work represented a significant contribution to the theory regarding the logical probability of propositions. Keynes effectively dismantled the classical theory of probability, launching what has since been termed the ''logical-relationist'' theory. In so doing, he explored the logical relationships between classifying a proposition as ''highly probable'' and as a ''justifiable induction.''
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