Thursday 13th March at 4.15pm in the graduate common room at the Philosophy 
Faculty
Prof Jim Franklin (New South Wales)
Keynes was right: probability is logic

Abstract: Before he moved on to easier topics like economics, Keynes spent 
years of effort on the philosophy of probability, culminating in his 
Treatise on Probability (1921). He argued that probability is fundamentally 
non-deductive logic, a kind of partial implication. Thus "proof beyond 
reasonable doubt" is really a kind of proof, just not absolutely cogent 
proof. The talk defends (most of) Keynes' view - more exactly, the thesis 
of "objective Bayesianism with imprecise probabilities". The main reasons 
for that thesis area explained, with examples such as the proportional 
syllogism and evidence for conjectures in pure mathematics. Objections are 
considered, such as problems with the "principle of insufficient reason".

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