In the attempt to deepen the understanding of Keynes's thought as an international macroeconomist, we explore the hypothesis of consistency between his general methodological approach to the economic material and his way of reasoning about international economic relations as shaped by WWI. We...

John Maynard Keynes was and still is one of the world’s most famous economists. One of the most fascinating stories about Keynes appeared in his obituary in the 1946 Proceedings of the British Academy. The story stated that during World War I with minimal financial resources Keynes broke the...

This paper discusses the following two hypotheses. The first one is based on the epistemological proposal which we have named the principle of discontinuity. It asserts that certain developments in the history of economic thought involve theoretical breaks which can only be fully explained by...

The interplay of epistemic and empiric conditions of human behaviour plays a crucial role in economic causality but it is not satisfactorily analysed by the existing approaches to economic causality, including the most influential of them: Granger causality. In order to find a more satisfactory...

This paper re-assesses Ramsey’s influence on Keynes. It is argued that the Standard View has restricted attention to the implications for probability theory of Ramsey’s criticisms of Keynes’s concepts of logical probability-relations and non-numerical probabilities. Building on the work of...

Was the Keynesian message alive during the second half of the XXth Century, or was it betrayed by his followers? This article in the fields of the history of economic thought and methodology contrasts the Scientific Research Programmes (SRPs), a Lakatosian concept, of Keynes in The General...

Unlike standard accounts, recent research in the history of macroeconomics has given increasing attention to the Old Keynesians’ criticisms of the New Classical Economics. In this paper, I address the case of Edmond Malinvaud, who began opposing the latter from the early 1980s and did so...

In 1987, Greenwald and Stiglitz accused Keynes's summary of the "General Theory" in chapter 18 of relying upon “neoclassical and Marshallian tools.” A number of contributions have on the contrary emphasized the methodological importance of this chapter, which this paper revisits in the light...

This paper considers some methodological aspects of Joan Robinson's contribution to post-Keynesian growth theory. Joan Robinson's criticisms of equilibrium analysis, of the conflation of logical and historical time and of the uses (and misuses) of mathematical formalisation are scathing. But...

Keynes was adamant that the assumption of homogeneous output and capital in macroeconomic theory is inadmissable. His aggregate supply or Z function is a generalisation of Marshall's ordinary supply function to take account of heterogeneous output, and is an essential element of the principle of...