Abstract
In his book Keynes: The Instability of Capitalism, (1984) Fausto Vicarelli argues that to understand Keynes’ analysis one must recognize Keynes’s ‘Vision of Capitalism’. According to Vicarelli (1984, p. 3): ‘Keynes displayed an enviable ability to identify basic causes and themes to draw conclusions of general validity for the understanding of capitalism. Compared to traditional economic theory, permeated with its abstract concepts and cautions engendered by “marginalist” economics, this was a revolutionary way of attacking reality’.
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© 1999 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Davidson, P., Gandolfo, G. (1999). Vicarelli, Keynes’s Vision of Capitalism, and Currency Speculation. In: Gandolfo, G., Marzano, F. (eds) Economic Theory and Social Justice. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-26981-5_6
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DOI: https://doi.org/10.1007/978-1-349-26981-5_6
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