| Titre | Keynes et Ricardo sur la macro-économie et la monnaie | |
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| Auteur | Ghislain Deleplace | |
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Revue | Cahiers d'économie politique |
| Numéro | no 30-31, pintemps 1998 Keynes : économie et philosophie | |
| Page | 49-84 | |
| Résumé anglais |
Keynes' s reading of Ricardo deals with the relations between three theories : the theory of value and distribution, the macroeconomic theory of the level of aggregate output and employment, and monetary theory. Keynes bears on Ricardo to separate the theory of value and macroeconomics, even if he blames him for having « repudiated » any macroeconomic theory. Two questions are central to his evaluation of the classical author : the neutrality of money and the influence of the quantity of money on the rate of interest. The neutrality of money is for Keynes the corollary of Say's Law, and the reasons why he rejects it, from the drafts to the final text of General Theory, are connected with the emergence of the concept of unemployment equilibrium. Keynes' s analysis of the Ricardian theory of the rate of interest shows that the debate on the real effects of a change in the quantity of money is led without any reference to the Quantity Theory. This may explain why Keynes felt consistently in sympathy with some Ricardian positions on the organization of a monetary system (the gold exchange standard), which are independent of the Quantity Theory. All in all, the attitude of Keynes towards Ricardo appears far more favourable than is usually believed. Source : Éditeur (via Persée) |
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| Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/cep_0154-8344_1998_num_30_1_1213 |
