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From Theory to Policy? Keynes’s Distinction Between Apparatus of Thought and Apparatus of Action, with an Eye to the European Debt Crisis

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  • Anna Maria Carabelli
  • Mario Aldo Cedrini

Abstract

The authors investigate the clash between general theory and practical constraints. They find in Keynes some answers to difficult questions.

Suggested Citation

  • Anna Maria Carabelli & Mario Aldo Cedrini, 2015. "From Theory to Policy? Keynes’s Distinction Between Apparatus of Thought and Apparatus of Action, with an Eye to the European Debt Crisis," Challenge, Taylor & Francis Journals, vol. 58(6), pages 509-531, November.
    • Handle: RePEc:mes:challe:v:58:y:2015:i:6:p:509-531
    DOI: 10.1080/05775132.2015.1105666
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    1. Moggridge, D E, 1992. "The," Journal of Economic Perspectives, American Economic Association, vol. 6(3), pages 207-209, Summer.
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    Cited by:

    1. Citera, Emanuele & Sau, Lino, 2019. "Complexity, Conventions and Instability: the role of monetary policy," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201924, University of Turin.
    2. Fontana, Olimpia & Sau, Lino, 2023. "Expansionary Austerity in Europe: Finally an Oxymoron?," Department of Economics and Statistics Cognetti de Martiis. Working Papers 202317, University of Turin.

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