Abstract
Much like the long standing debate over the relationship between the major works of Adam Smith, an energetic discussion has emerged over the past twenty or so years regarding the relationship between the major texts of John Maynard Keynes. A subsection of the larger discussion is an investigation into the process which led Keynes to modify or abandon the framework of the Treatise on Money (1930) and write The General Theory of Employment, Interest and Money(1936). 1 Like the Smith scholarship, this debate is about much more than it initially appears to be. The actual discussion is, indirectly, about identifying and defining what is original and unique to The General Theory.
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Even as we make these comments we should recall that some important interpreters argue that these books actually constitute one argument and should be treated as such (Shackle, 1974).However, the text does reflect the view that there has been an important, and moreover, identifiable evolution in the period between these two texts.
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Prasch, R.E. (1994). Edward Amadeo’s Contributions to the Interpretation of Keynes’s Economics. In: Davis, J.B. (eds) The State of Interpretation of Keynes. Recent Economic Thought Series, vol 44. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-1392-2_3
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