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Theoretical Reason And Logic

In: Keynes: Philosophy, Economics and Politics

Author

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  • R. M. O’Donnell

    (Macquarie University)

Abstract

The primary object of Part I is to expound Keynes’s philosophy and to support the contention that it contains a distinctive theory of rationality. The next six chapters are therefore occupied with elucidating his philosophical framework and its main properties. Two other themes are also developed. Firstly, that despite certain subsequent remarks, Keynes never abandoned the main elements of his philosophical position. Though it may have slipped more and more from view under the weight of economics, philosophy nevertheless continued to support the edifice of his thought and to reassert itself in various ways whenever he turned to fundamental issues. The second theme is that there are significant differences between Keynes’s conception of rationality and that upon which Neoclassical theory is grounded, although sight should not be lost of certain common features.

Suggested Citation

  • R. M. O’Donnell, 1989. "Theoretical Reason And Logic," Palgrave Macmillan Books, in: Keynes: Philosophy, Economics and Politics, chapter 2, pages 28-49, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-07027-5_3
    DOI: 10.1007/978-1-349-07027-5_3
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