Keynes's realisms

Ricardo Crespo

The European Journal of the History of Economic Thought, 2008, vol. 15, issue 4, 673-693

Abstract: Some authors pointed to a realist orientation in Keynes's thought. However, since 'realism' is a wide and sometimes equivocal term, one may ask what kind of realism Keynes's realism is. This paper argues that Keynes held to an ontological, logical-semantic and epistemic realism. Whereas ontological realism has metaphysical connections, logical-semantic realism involves a notion of truth, and epistemological realism presupposes a theory of knowledge. The character of the subject matter circumscribes the scope of this last kind of realism. Epistemological realism is related to the role of intuition and convention in Keynes's thought, the meaning and evolution of which is explained.

Keywords: Keynes; ontology; epistemology (search for similar items in EconPapers)
Date: 2008
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DOI: 10.1080/09672560802481029

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