Keynes and the Ricardian Vice

The paper tries to demonstrate that the fundamental aim of Keynes’ work as an economist was to solve important issues in economic theory and not, as commonly said, to influence public policy. Indeed, his vision of economics as a moral science, that employs introspection and judgements of value, prev...

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Detalhes bibliográficos
Autor: Vernengo, Matias
Formato: artículo
Estado:Versión publicada
Fecha de publicación:2023
País:Brasil
Recursos:EDITORA 34
Repositorio:Revista de Economia Política
Idioma:portugués
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/2411
Acesso em linha:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/2411
Access Level:acceso abierto
Palavra-chave:History of economic thought
Ricardian vice
Keynes
senior indeterminacy
História do pensamento econômico
vício ricardiano
indeterminanção de senior
Descrição
Resumo:The paper tries to demonstrate that the fundamental aim of Keynes’ work as an economist was to solve important issues in economic theory and not, as commonly said, to influence public policy. Indeed, his vision of economics as a moral science, that employs introspection and judgements of value, prevents him of committing the Ricardian Vice, so that the Schumpeterian charge is groundless. The work concludes that Keynes was aware of the Senior Indetermination. JEL Classification: B31; B21.