A basic presupposition of the rediscovery, in the times of the crisis, of chapter 12 of the General Theory is that Keynes’s treatment of financial markets, and particularly the use of the notion of convention, represents a crucial novelty in both his economics and philosophy. The article offers complicating remarks to critically discuss this interpretation. In particular, we analyse the complex Keynes-Hume theoretical connection in the light of the Keynes-Sraffa correspondence on Hume’s Abstract, and emphasize the theoretical legacy of Keynes's 1910 lectures on speculation for the analysis of financial markets in the General Theory.

Further Issues on the Keynes-Hume Connection Relating to the Theory of Financial Markets in the "General Theory"

CEDRINI, Mario Aldo
2013-01-01

Abstract

A basic presupposition of the rediscovery, in the times of the crisis, of chapter 12 of the General Theory is that Keynes’s treatment of financial markets, and particularly the use of the notion of convention, represents a crucial novelty in both his economics and philosophy. The article offers complicating remarks to critically discuss this interpretation. In particular, we analyse the complex Keynes-Hume theoretical connection in the light of the Keynes-Sraffa correspondence on Hume’s Abstract, and emphasize the theoretical legacy of Keynes's 1910 lectures on speculation for the analysis of financial markets in the General Theory.
2013
20
6
1071
1100
http://www.tandfonline.com/doi/full/10.1080/09672567.2013.792377
John Maynard Keynes; David Hume; conventions; financial markets; speculation
A. M. Carabelli; M. A. Cedrini
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/2318/121612
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