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Discursive strategies in the keynes-hayek debate: Building a liberal critique

Guizzo, Danielle


Danielle Guizzo


© 2019 The Author(s). Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved. This article addresses an analysis of discourse based on Michel Foucault's 'order of discourse' to comprehend which discursive forces influenced Keynes's mode of thought and his liberal critique. The article returns to the Keynes-Hayek debate to explore the possibilities of considering Hayek as a reverse influence in Keynes's late beliefs on the limits of state action and socially desired ends. An understanding of Keynes's view on the state and economic action requires identifying the underlying strategies of his discourse when criticizing Hayek's spontaneous liberalism. More specifically, Hayek's liberal views promoted a reverse and discontinuous force that contributed to reinforce Keynes's mode of thought.


Guizzo, D. (2019). Discursive strategies in the keynes-hayek debate: Building a liberal critique. Contributions to Political Economy, 38(1), 12-30.

Journal Article Type Article
Acceptance Date Nov 26, 2018
Online Publication Date May 16, 2019
Publication Date May 16, 2019
Deposit Date Nov 27, 2018
Publicly Available Date May 17, 2021
Journal Contributions to Political Economy
Print ISSN 0277-5921
Electronic ISSN 1464-3588
Publisher Oxford University Press (OUP)
Peer Reviewed Peer Reviewed
Volume 38
Issue 1
Pages 12-30
Keywords discourse analysis, Keynes, Hayek, history of economic thought
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