Keynes is alive and well: a survey article


  • Alessandro Roncaglia



Keynes, uncertainty, money, Collected Works


The article reviews "The Collected Writings of John Maynard Keynes", on occasion of the recently published paperback edition of the photostatic reprint. The original edition made available to scholars most of Keynes’s writings and important parts of his correspondence, together with scholarly introductions and editorial notes. The availability of this material favoured the development of an important body of studies on Keynes and the economists who were at Cambridge in the interwar period. Biographical research shows that the development of Keynes’s theoretical views was far from linear. Therefore, any interpretation of Keynes’s thought cannot focus exclusively on his main writings and in particular on The General Theory. For this reason, the author proposes here a number of reading paths along the thirty-volumes strong collection, highlighting the development of Keynes' ideas and activities.




JEL codes: E12, B22, B31

Keywords: Keynes, uncertainty, money, Collected Works


DE FINETTI B. (1931), Probabilismo. Saggio critico sulla teoria delle probabilità e sul valore della scienza, Naples: Perrella.

DE FINETTI B. (1937), "La prévision: ses lois logiques, ses sources subjectives", Annales de l'Institut Henri Poincaré, vol. 7, pp. 1-68.

DUNLOP J.T. (1938), "The Movement of Real and Money Wage Rates", The Economic Journal, vol. 48, pp. 413-434.

FAMA E. (1970), "Efficient Capital Markets: A Review of Theory and Empirical Work", The Journal of Finance, vol. 25 n. 2, pp. 383-417.

HARROD R.F. (1951), The Life of John Maynard Keynes, London: Macmillan.

HAYEK F. (1932), "Money and Capital: A Reply", Economic Journal, vol. 42, pp. 237-249.

HICKS J. (1973), Capital and Time: A Neo-Austrian Theory, Oxford: Clarendon Press.

KALECKI M. (1971), Selected Essays on the Dynamics of the Capitalist Economy, Cambridge: Cambridge University Press.

KEYNES J.M. (2012), The Collected Writings of John Maynard Keynes, Cambridge: Cambridge University Press.

KREGEL J.A. (1976), "Economic Methodology in the Face of Uncertainty: The Modelling Methods of Keynes and the Post-Keynesians", The Economic Journal, vol. 86 n. 342, pp. 209-225.

MARCUZZO M.C. (ed.) (2012), "Speculation and Regulation in Commodity Markets: The Keynesian Approach in Theory and Practice", Rapporto tecnico, n. 21, Rome: Department of Statistical Sciences, Sapienza University of Rome.

MINSKY H.P. (1975), John Maynard Keynes, New York: Columbia University Press.

MOGGRIDGE D.E. (1992), Maynard Keynes: An Economist's Biography, London: Routledge.

RAMSEY F.P. (1931), The Foundations of Mathematics, London: Routledge and Kegan Paul.

RONCAGLIA A. (2004), "Le catene causali brevi: le variazioni di Maynard su un tema di Alfred", in Bellanca N., Dardi M. and Raffaelli T. (eds.), Economia senza gabbie. Studi in onore di Giacomo Becattini, Bologna: Il Mulino, pp. 379-397.

RONCAGLIA A. (2009), Piero Sraffa, Basingstoke: Palgrave Macmillan.

SKIDELSKY R. (1983), John Maynard Keynes: Hopes Betrayed 1883-1920, London: Macmillan.

SKIDELSKY R. (1992), John Maynard Keynes: The Economist as Saviour 1920-1937, London: Macmillan.

SKIDELSKY R. (2000), John Maynard Keynes: Fighting for Britain 1937-1946, London: Macmillan.

SKIDELSKY R. (2010), Keynes: A Very Short Introduction, Oxford: Oxford University Press.

SRAFFA P. (1925), "Sulle relazioni fra costo e quantità prodotta", Annali di Economia, vol. 2, pp. 277-328. English transl. (1998), "On the Relations between Cost and Quantity Produced", Italian Economic Papers, vol. 3, pp. 323-363.

SRAFFA P. (1926), "The Laws of Returns under Competitive Conditions", The Economic Journal, vol. 36 n. 44, pp. 535-550.

SRAFFA P. (1932), "Dr. Hayek on Money and Capital", The Economic Journal, vol. 42 n. 165, pp. 42-53.

SRAFFA P. (1932), "A Rejoinder", The Economic Journal, vol. 42 n. 166, pp. 249-251.

TARSHIS L. (1939), "Changes in Real and Money Wages", The Economic Journal, vol. 49 n. 193, pp. 150-154.

TONVERONACHI M. (1983), J.M.Keynes: dall'instabilità ciclica all'equilibrio di sottoccupazione, Rome: Nuova Italia Scientifica.

VICARELLI F. (1984), Keynes: The Instability of Capitalism, Philadelphia (PA): University of Pennsylvania Press.


How to Cite

Roncaglia, A. (2014). Keynes is alive and well: a survey article. PSL Quarterly Review, 67(268).