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curve to have a determinate theory of the rate of interest. Keynes sent his formal, unpublished comments to J. Robinson, A …. Robinson, and R. Kahn knew for certain by 1937 that Keynes’s theory of the rate of interest, as presented in both the General … Theory and the Quarterly Journal of Economics reply article, published earlier in February 1937, was an IS-LP(LM) approach …
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recent and mid-20th century monetary theory in a larger historical context, while examining the relevance of contemporary … foundations of monetary theory, up to and including contemporary mainstream views; the second half addresses more policy …-oriented monetary questions. Emphasis is placed on the dichotomy of monetary and value theory, the Walrasian general equilibrium …
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