Template-type: ReDIF-Paper 1.0
Author-Name: Carabelli Anna M.
Author-Email: anna.carabelli@eco.unipmn.it
Author-Name: Cedrini Mario A.
Author-Email: mario.cedrini@eco.unipmn.it
Author-Workplace-Name: University of Turin
Author-Workplace-Homepage: http://www.de.unito.it/
Title:On the New Appeal of Chapter 12 of the General Theory. Complicating Remarks on the Keynes-Hume Connection 
and the Presumed Novelty of the Analysis of Financial Markets in the General Theory
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.
Length: 36 pages
Creation-Date: 2012-10
File-URL: http://www.cesmep.unito.it/WP/2012/2_WP_Cesmep.pdf
File-Format: Application/PDF
Handle: RePEc:uto:cesmep:201202