Keynes's General Theory, Treatise on Money and Tract on Monetary Reform: different theories, same methodological approach?

Anna Carabelli () and Mario Cedrini

The European Journal of the History of Economic Thought, 2014, vol. 21, issue 6, 1060-1084

Abstract: 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 article provides evidence of strong methodological continuity among 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.

Date: 2014
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DOI: 10.1080/09672567.2014.966128

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