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 methodologic al 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 Department of Economics and Statistics Cognetti de Martiis. Working Papers with number 201344.
Length: 32 pages
Date of creation: Oct 2013
Date of revision:
Other versions of this item:
- Cabelli, Anna & Cedrini, Mario, 2013. "Keynes's General Theory, Treatise on Money, and Tract on Monetary Reform: Different Theories, Same Methodological Approach?," CESMEP Working Papers 201302, University of Turin.
- NEP-ALL-2014-02-02 (All new papers)
- NEP-HIS-2014-02-02 (Business, Economic & Financial History)
- NEP-HPE-2014-02-02 (History & Philosophy of Economics)
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