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Keynes's General Theory, Treatise on Money and Tract on Monetary Reform: Different Theories, Same Methodological Approach?




In 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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  • 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.
  • Handle: RePEc:uto:dipeco:201344

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    1. Anna Carabelli & Mario Cedrini, 2010. "Keynes and the Complexity of International Economic Relations in the Aftermath of World War I," Journal of Economic Issues, Taylor & Francis Journals, vol. 44(4), pages 1009-1028.
    2. Anna M. Carabelli & Mario A. Cedrini, 2010. ">i>Indian Currency>/i> and beyond: the legacy of the early economics of Keynes in the times of Bretton Woods II," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 33(2), pages 255-280, January.
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