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"Focus on Economic Theory Keynes on the "Nature of Economic Thinking

The Principle of Non-Neutrality of Choice and the Principle of Non-Neutrality of Money

Dados Bibliográficos

ID2809764
AutoresGiuseppe Fontana (0000-0002-8055-5326, University of Leeds, autor correspondente)
Ano2001
Volume60
Fascículo4
Páginas711-743
Data de publicação2001-04-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoAmerican Journal of Economics and Sociology (JOURNAL)
Identificadores do periódicoISSN: 0002-9246 • E-ISSN: 1536-7150
EditoraWiley (PUBLISHER • GB)
DOI10.1111/1536-7150.00120
OpenAlexW2089795753
IdiomaEN
Citações recebidas4
Referências citadas8

In the last two decades there has been a flourishing of writings on the methodological approach of Keynes. Whereas broad interpretations of Keynes's work may have a role to play for future economics the main argument of this paper is to propose a return to the theoretical foundations of a truly Keynesian economics. In the main economic writings of Keynes it is possible to discern a body of beliefs, which is (a) consistent in its own terms and (b) susceptible of being used in the explanation of different realities. That body of beliefs is grounded on (1) the principle of non-neutrality of choice and (2) the principle of non-neutrality of money. Both principles were essential parts of the core of Keynes's A Treatise on Money (1930) and The General Theory (1936), and should be used as foundation for future development of Keynesian economics at the methodological as well as at the theoretical level

Argument (complex analysis) · Economics · Epistemology · Flourishing · Keynesian economics · Neoclassical economics · Neutrality · Positive economics · Economic Theory and Institutions · Economic Theory and Policy · Philosophy · Political Economy and Marxism · Psychology

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Obras citantes distintas4
Citações por ano0,17
Intervalo de citações2002 - 2022 (21)
Velocidade de citaçãohistorical
Altamente citadoNão
Tipos de citaçãoNeutras: 4
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