English, Article, Journal or magazine article edition: A VISÃO DE KEYNES DO SISTEMA ECONÔMICO COMO UM TODO ORGÂNICO COMPLEXO Fernanda Cardoso; Gilberto Tadeu Lima

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Bookmark: http://trove.nla.gov.au/version/123661
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • A VISÃO DE KEYNES DO SISTEMA ECONÔMICO COMO UM TODO ORGÂNICO COMPLEXO
Author
  • Fernanda Cardoso
  • Gilberto Tadeu Lima
Physical Description
  • preprint
Notes
  • This paper is intended to underline the proximity between Keynes´s approach and the so-called complexity approach, which has been recently incorporated into economics. One of the central ideas of the complexity approach is that individual actions have unintended overall consequences as a result of a self-organization process, which in turn allows the functioning of the system. Keynes, in turn, played around with the idea of unintended consequences of individual actions, as his analysis of the paradox of parcimony testifies. However, it is argued that the complexity of the economy, from Keynes´s perspective, is firstly related to the complexity of human behavior. Besides, it is suggested that Keynes´s view of the economy as a complex organism was also born under the influence of the philosopher G. E. Moore.
  • RePEc:anp:en2005:007
Language
  • English
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