 Regarding frequentism – according to which the probability of an event is the relative frequency with which that type of event occurs, or would occur, over repeated trials – Ramsey adopts a conciliatory tone. For many cases (e.g., coin flips and rolls of a die), frequencies provide a natural interpretation of the probability calculus, but they are insufficiently general for Ramsey’s purposes. (We’ll return to the role of frequencies in Ramsey’s theory below.) On the other hand, Ramsey presents a detailed critique of Keynes’ theory. According to Keynes, probabilities are an objective and quantifiable relation between propositions – roughly, the probability of an hypothesis \(h\), given evidence \(e\), is the degree to which \(h\) is logically implied by \(e\). Importantly, Keynes’ assumed that this relation could be perceived through intuition – to which Ramsey objects: