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The monetary economy, savings and financing: from the Treatise to the General Theory

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  • Ernani Teixeira Torres Filho

Abstract

The idea of monetary economy played an important role in Keynes’s movement from the Treatise on Money (1930) to the General Theory (1936). He was trying to work a new economic paradigm, which in opposition to the classical Say’s Law, could deal with the fluctuations and uncertainties of the real world. The purpose of this article is to present Keynes’s theories of savings and finance in the Treatise and after and to show the importance of the 1936-1937’s version to the functioning of a real world economy. JEL Classification: B22; B31

Suggested Citation

  • Ernani Teixeira Torres Filho, 1991. "The monetary economy, savings and financing: from the Treatise to the General Theory," Brazilian Journal of Political Economy, Center of Political Economy, vol. 11(2), pages 183-197.
    • Handle: RePEc:ekm:repojs:v:11:y:1991:i:2:p:183-197:id:1458
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    Keywords

    History of economic thought; Keynes;

    JEL classification:

    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

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