Two articles on the topic of speculation
speculation, organized markets, economic crises
Keynes's approaches to speculation suggest changes in his thinking over time, and address different issues
that have been addressed in the literature on this topic by different authors. The objective of this paper is
to identify some of the perspectives that his writings offer, explaining speculation: i) in organized
commodity markets; ii) considering its effects in systemic terms. Reading his works points to a change in
the view of the speculating agent, which contributes to Keynes's analysis of the macroeconomic impacts
of speculation in investment markets in the General Theory, potential generators of instability and crises.