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The Philosophical Keynesianism agenda: origins and perspectives

ABSTRACT

This paper addresses what I label Philosophical Keynesianism, mapping out its historical and analytical origins and pointing out its perspectives as an alternative benchmark. Its historical emergence is related to some theoretical and methodological research results within the post-Keynesian school of economic thought. An assumption is made as to the proper place Philosophical Keynesianism will have in the future, for its scope of investigation is becoming much more comprehensive and inclusive than the economic school which engendered it. The paper reviews some major contributions of this new field of inquiry, such as the books of Carabelli, O’Donnell and Davis. It also seeks to reinforce the case that, as it is quite clear from Keynes’ approach to economic theorizing, economics should be seen as a moral and socio-historical science rather than a natural science, and that a more realistic and relevant study of economic phenomena should be grounded on some sort of interdisciplinary research.

KEYWORDS:
Keynsianism; economics and philosophy; history of economic thought

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