Theoretical Reason And Logic

R. M. O’Donnell
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R. M. O’Donnell: Macquarie University

Chapter 2 in Keynes: Philosophy, Economics and Politics, 1989, pp 28-49 from Palgrave Macmillan

Abstract: Abstract The primary object of Part I is to expound Keynes’s philosophy and to support the contention that it contains a distinctive theory of rationality. The next six chapters are therefore occupied with elucidating his philosophical framework and its main properties. Two other themes are also developed. Firstly, that despite certain subsequent remarks, Keynes never abandoned the main elements of his philosophical position. Though it may have slipped more and more from view under the weight of economics, philosophy nevertheless continued to support the edifice of his thought and to reassert itself in various ways whenever he turned to fundamental issues. The second theme is that there are significant differences between Keynes’s conception of rationality and that upon which Neoclassical theory is grounded, although sight should not be lost of certain common features.

Keywords: Common Sense; Rational Expectation; Theoretical Reason; Logical Relation; Rational Belief (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-07027-5_3

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DOI: 10.1007/978-1-349-07027-5_3

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