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Keynes' Political Philosophy: The Gesell Connection

Author

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  • William Darity, Jr.

    (Fairleigh Dickinson University)

Abstract

Karl Marx perhaps the most astute student of economic doctrine, once made the famous and apposite observation that in substantial passages of "The Wealth of Nations" Adam Smith "was very copiously infected with the conceptions of the Physiocrats." In parallel fashion this paper agues that in substantial portions of "The General Theory," J. M. Keynes was a mere Gesellist, particularly but not uniquely, in his expressions of political philosophy vis-a-vis the relationship between state and economy.

Suggested Citation

  • William Darity, Jr., 1995. "Keynes' Political Philosophy: The Gesell Connection," Eastern Economic Journal, Eastern Economic Association, vol. 21(1), pages 27-41, Winter.
  • Handle: RePEc:eej:eeconj:v:21:y:1995:i:1:p:27-41
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    File URL: http://web.holycross.edu/RePEc/eej/Archive/Volume21/V21N1P27_41.pdf
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    Cited by:

    1. Cordelius Ilgmann & Martin Menner, 2011. "Negative nominal interest rates: history and current proposals," International Economics and Economic Policy, Springer, vol. 8(4), pages 383-405, December.
    2. Ilgmann, Cordelius, 2011. "Silvio Gesell: 'a strange, unduly neglected' monetary theorist," CAWM Discussion Papers 23, University of Münster, Center of Applied Economic Research Münster (CAWM).
    3. James Stodder & Bernard Lietaer, 2016. "The Macro-Stability of Swiss WIR-Bank Credits: Balance, Velocity, and Leverage," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 58(4), pages 570-605, December.
    4. Alessandro Lanteri, 2010. "The Economic Ethics of Ezra Pound," ICER Working Papers 25-2010, ICER - International Centre for Economic Research.

    More about this item

    JEL classification:

    • B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)

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