 In “Truth and Probability”, Ramsey assumes that, at least under idealized conditions, degrees of belief manifest themselves in preferences for options. This allows Ramsey to characterize the inconsistency involved in violating the probability axioms in terms of violating the axioms of rational preference. While he never claims that degrees of belief are necessarily linked to preferences, the model of belief and preference that he offers assumes such an association, and indeed a great achievement of the paper is what amounts to a representation theorem establishing that an agent satisfying the axioms that he specifies for rational preference can be represented as having degrees of belief that satisfy the probability axioms. In the model he offers, degrees of belief serve as guides to action through their connection with preferences, so that therein at least incoherence does manifest itself in preference inconsistency. But the way that Ramsey casts the inconsistency involved in violating the axioms in terms of preference inconsistency leaves it unclear that his goal of characterizing the logic of partial belief has been satisfactorily met. One trouble is that it does not show us that the preference inconsistency to which incoherent beliefs are tied is appropriately analogous to inconsistency for simple (or full) belief, which involves believing inconsistent propositions, i.e. a set of propositions that cannot all be true. Another worry is that in Ramsey’s model degrees of belief are linked with preferences, and it seems that having a degree of belief does not by its nature require any such connection with preference and action. One can surely have finely graded beliefs in propositions without those beliefs being connected to preferences.  Moreover, consistency for full belief derives from the concept of belief as holding propositions to be true and from the logic of propositions, without any such assumed tie to action, and although Ramsey thought that such a connection was necessary to clarify the idea of partial belief, it seems that a fully analogous characterization of consistency for partial belief should do without it.  