rectified in the General Theory. He clearly told Hicks that it was Expected Aggregate Income, and not Actual Income, that … Theory in 1936. It is also quite impossible to view Keynes's IS-LP(LM) version as a neoclassical model.I suggest that the …'s Theory of the rate of interest was a purely monetary one. Joan Robinson's lack of even a basic understanding of pre …

General Theory. However, this took place only after Section Three, where Keynes had heavily criticized what he termed “…pseudo …

J M Keynes discussed a number of simplifications of his D-Z model in chapter 21 of the General Theory that were … these represented simplifications from his AD-AS(D-Z) model as specified in chapter 20 of the General Theory and did not … impact of uncertainty.The view that Keynes did not have any formal, mathematical models in the General Theory resulted in his …

A.Hansen essentially went wrong in his evaluation of Keynes's work in the General Theory (GT;1936) that dealt with the …