<title>Abstract</title> We review Keynes's constant concern with commodity prices, both as speculator and as theorist, arguing that it was never divorced from his view on market instability. We also look at Kahn's contribution on buffer stocks, which brought to fruition the original intuition by Keynes,...

[fre] La question posée est de savoir si une marchandise peut être choisie arbitrairement comme étalon monétaire. L'analyse distingue la fonction de l'étalon monétaire et la fonction du numéraire. Ricardo a soulevé la question des caractéristiques que doit avoir la marchandise choisie...

By looking at the available evidence on the London gold market in the late eighteenth century and early nineteenth century, this p aper presents a new formulation of the gold points and models the mar ket behavior behind gold movements. While there is evidence that the merchants' behavior...

Cambridge as a geographical reference often crops up in the characterisation of the economic theories and approaches that developed in Cambridge (UK) between the 1920s and the 1960s with the contribution of economists who did not always share the same interests, background or attitudes, but who...

[fre] Ricardo's Theory of Money Matters. . Dans cet exposé on analyse trois reproches adressés communément à la théorie monétaire de Ricardo : la monnaie-marchandise, la neutralité de la mon­naie et la conception d'équilibre à long terme. Le premier, que l'identification de la monnaie...

The subtitle of Sraffa's most celebrated work, Production of Commodities by Means of Commodities, is prelude to a critique of economic theory. Given that no later work was ever published by Sraffa, we are left to wonder what would have come after the prelude. This paper suggests that the core of...