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" "[A]lthough my attempted reconstruction of the view of Whitehead and Russell overcomes, I think, many of the difficulties, it is impossible to regard it as altogether satisfactory.
Frank Plumpton Ramsey (22 February 1903 – 19 January 1930) was a precocious British philosopher, mathematician and economist who died at the age of 26. He was a close friend of Ludwig Wittgenstein and was instrumental in translating Wittgenstein's into English, as well as persuading Wittgenstein to return to philosophy and Cambridge. Like Wittgenstein, he was a member of the , the intellectual secret society, from 1921.
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The assimilation of tautologies and contradictions with true and false propositions respectively results from the fact that tautologies and contradictions can be taken as truth-functions just like ordinary propositions, and for determining the truth of falsity of the truth-function, tautologies and contradictions among its arguments must be counted as true or false respectively. ...Are the propositions of symbolic logic and mathematics tautologies in Mr Wittgenstein's sense?
Tautologies and contradictions are not real propositions, but degenerate cases. ...Clearly, by negating a contradiction we get a tautology, and by negating a tautology a contradiction. ...A genuine proposition asserts something about reality, and it is true if reality is as it is asserted to be. But a tautology is a symbol constructed so as to say nothing whatever about reality, but to express total ignorance by agreeing with every possibility.
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The first problem I propose to tackle is this: how much of its income should a nation save? To answer this a simple rule is obtained valid under conditions of surprising generality; the rule, which will be further elucidated later, runs as follows. The rate of saving multiplied by the marginal utility of money should always be equal to the amount by which the total net rate of enjoyment of utility falls short of the maximum possible rate of enjoyment.