Abstract

NOVELO U., Federico. The ambiguity in the work of John Maynard Keynes, flaw or plausible device?. Economía UNAM [online]. 2010, vol.7, n.19, pp.95-105. ISSN 1665-952X.

This article analyses the importance of the ambiguity in the life and works of John Maynard Keynes. The author establishes that Keynes main aim was to develop an employment theory, whose outcome would be an economic and social function. The strength and weakness of the Keynesian framework is based deeply on the historic time and not in the abstract, timeless neoclassical principles. Keynesian use of the ambiguity should avoid any misunderstanding between the concepts of ambiguity and pusillanimity.

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