David Ricardo Essay Prize 2025W



Chams Slougui_headshot photo_2026Apr23

We are pleased to announce that Chams Slougui has won the David Ricardo Essay Prize for PHIL 363/ECON 319.

His essay in entitled: The Partial Extent of Ramsey’s Influence on Keynes’s Probability

Keynes’s Treatise on Probability is generally viewed as his most important single contribution to philosophy.  Keynes not only adopted a non-frequentist stance toward probability measures, but also voiced skepticism that any numerical measure of the probability of real-world events was entirely warranted.  This led him to be skeptical as well of econometric models and shaped to a significant degree his best-known work, the General Theory of Employment, Interest, and Money (1936).

The essay by Chams Slougui takes up the debate as to whether or not Frank Ramsey (a young philosopher-economist at Cambridge who befriended Keynes), persuaded Keynes to shift toward the frequentist interpretation.  The essay argues that the recent article by Bill Gerrard offers the most compelling account of this interesting chapter in the history and philosophy of economics.

Congratulations, Chams!