The Economics of Keynes in Historical Context: An Intellectual History of the General Theory

Introduction: Motivation, Methodology and Overview Motivation: Approaching the General Theory Historically Methodology: The Marshallian Structure of the General Theory Overview PART 1: KEYNES, CAMBRIDGE AND UNEMPLOYMENT Introduction: Keynes, the General Theory and the Labor Market The 'Late Victorian' Context of Marshall's Labor Market Views The Treatment of Labor Markets in Marshallian Economics Keynes and Labor Market PART 2: A PHILOSOPHER AND A SPECULATOR Looking Backward from the General Theory: On the Historical Origins of Keynes's Financial Market Views Stock Equilibrium in Asset Markets and 'the Folly of Amateur Speculators' The Evolution of Keynes's Views on Asset Markets and Speculation PART 3: 'SHIFTING EQUILIBRIA' IN A MONETARY ECONOMY The Development of Cambridge Monetary Thought 1870-1935 Keynes's Development as a Cambridge Monetary Theorist Sraffa and Hayek on 'Own Rates of Interest' 'The Essential Properties of Interest and Money' CONCLUSION: A THEORY OF A MONETARY ECONOMY 'Natural Rate' Mutations: Keynes, Leijonhifvud and the Wicksell Connection