Keynes's General Theory, Treatise on Money, and Tract on Monetary Reform: Different Theories, Same Methodological Approach?
AbstractIn trying to assess the content and significance of Keynes's attempted revolution in economic methodology, historians have almost exclusively focused on the General Theory. By highlighting the legacy of the Treatise on Probability for Keynes's economic writings, this paper provides evidence of strong methodological continuity between the Tract on Monetary Reform, the Treatise on Money and the General Theory, despite radical differences in the theories. We argue that the novelty of Keynes's approach lies in offering a method of analysis requiring cooperation on the part of the reader, in the effort to tackle the complexity of the economic material.
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Bibliographic InfoPaper provided by University of Turin in its series CESMEP Working Papers with number 201302.
Length: 32 pages
Date of creation: Sep 2013
Date of revision:
Other versions of this item:
- Carabelli, Anna Maria & Cedrini, Mario Aldo, 2013. "Keynes's General Theory, Treatise on Money and Tract on Monetary Reform: Different Theories, Same Methodological Approach?," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201344, University of Turin.
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