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Keynes and the Quest for a Moral Science - A Study of Economics and Alchemy (Paperback)
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Keynes and the Quest for a Moral Science - A Study of Economics and Alchemy (Paperback)
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In this innovative highly readable contribution to the study of
Keynes, Wayne Parsons makes a radical departure from the
conventional approaches to Keynesian economies.As a political
scientist Parsons believes that, if we are to grasp the
revolutionary nature of Keynes's way of thinking about policy
problems, we need to place his theories in a wider intellectual and
inter-disciplinary setting. Keynes, he suggests, was a social
scientist, philosopher and opinion-former with one foot in the age
of science and another in the age of sorcery. Like Newton, about
whom Keynes wrote with considerable knowledge and insight, he was a
thinker whose method was rooted in an alchemical fascination with
the art of transmutation and the quest for the philosophers' stone.
Parsons maintains that unless we appreciate this alchemical quality
of Keynes's economics we fail to comprehend his particular genius
as a philosopher of possibility. The author paints a portrait of a
Bloomsbury Faust, a Mephistopheles in Whitehall: an image which is
a long way removed from the modernist discourse which has largely
framed our reading of his economics. Free from the mechanistic and
positivistic language which has come to obscure his work Wayne
Parsons concludes that Keynes can once again become a source of
inspiration and illumination for the theory and practice of public
policy. Keynes and the Quest for a Moral Science is an accessible,
highly readable account which will appeal to scholars and students
in the field of economics, history of economics, public policy and
history of ideas.
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