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In the attempt to deepen the understanding of Keynes's thought as an international macroeconomist, we explore the hypothesis of consistency between his general methodological approach to the economic material and his way of reasoning about international economic relations as shaped by WWI. We...
Persistent link: https://www.econbiz.de/10005531053
The paper aims at showing that revisiting Keynes's early writings on international economic relations and some less well-known episodes of his economic diplomacy, with special attention being paid to the methodological issues involved, may disclose useful insights in understanding the features...
Persistent link: https://www.econbiz.de/10011133366
In trying to assess the content and significance of Keynes's attempted revolution in economic methodology, historians have almost exclusively focused on the <italic>General Theory</italic>. By highlighting the legacy of the <italic>Treatise on Probability</italic> for Keynes's economic writings, this article provides evidence of...
Persistent link: https://www.econbiz.de/10011104753
The paper provides a methodological reading of Keynes’s “The Economic Consequences of the Peace”. Drawing on the close interdependence between theory and method in Keynes's economics, which he considered as a branch of logic, a correct way of reasoning about a complex economic material, we...
Persistent link: https://www.econbiz.de/10010734948
This paper is a contribution to the elaboration of a narrative of the international economic disorder that followed the demise of the Bretton Woods regime. It therefore revisits some key episodes of the recent history of the world economy – the Washington Consensus saga and the widening of...
Persistent link: https://www.econbiz.de/10010836408
In their latest book (2008), Bruno Frey and the members of the research group he chairs at the University of Zurich announce that happiness research is leading a revolution in economics. More precisely, the revolutionary character of happiness economics would draw on measurement, on how people...
Persistent link: https://www.econbiz.de/10005052064
In the paper, we revisit the focus and method of “Indian Currency and Finance” (1913) and the rationale of Keynes's proposal for an international monetary system combining cheapness with stability. In particular, we centre on the management of exchange reserve and the pattern of...
Persistent link: https://www.econbiz.de/10005052065
In this paper, we revisit the contents and method of Keynes's Indian Currency and Finance (1971a). By focusing on the rationale of his proposal for a new international monetary system combining cheapness with stability, we argue that Keynes's analysis of monetary developments in Asia in the...
Persistent link: https://www.econbiz.de/10009353093
In the attempt to deepen the understanding of Keynes' thought as an international macroeconomist, we explore the hypothesis of consistency between his general methodological approach to the economic material and his way of reasoning about international economic relations. As a first step toward...
Persistent link: https://www.econbiz.de/10008742858
This paper addresses the enduring insistence on the moral dimension of international economic relations in Keynes’s economics and diplomacy. The issue has so far raised scarce attention in the literature, which tend to attribute some outstanding failures of Keynes’s economic diplomacy to the...
Persistent link: https://www.econbiz.de/10008692906