Preliminary Draft: Was There a (Methodological) Keynesian Revolution?
Chapter 14 in Keynes’s General Theory After Seventy Years, 2010, pp 268-286 from Palgrave Macmillan
Abstract The purpose of this chapter is to examine whether, how far, and in what sense we might say that there has been a Keynesian revolution at the level of methodology. This involves an interpretation of Keynes’s expression “the way the world thinks about economic problems” as referring, not just to the content of economics, but also to the mode of thought and specific methodology employed in addressing that content. It is hard to separate content from methodology, at least here we put the accent on methodology.
Keywords: General Theory; Central Bank; Money Supply; Modern Economic; Mainstream Economic (search for similar items in EconPapers)
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