Showing 1 - 10 of 395
Keynes’s mathematical economics analysis of the Aggregate Supply Function and the Aggregate Supply Curve contained in footnote two on p.55 of the General Theory is correct with the exception of a very minor error that can easily be spotted by anyone who has worked through Keynes’s chapter 20...
Persistent link: https://www.econbiz.de/10014187730
Theory of Interest and Money”. Modigliani sought to provide the IS-LM model of Hicks's 1937 Econometrica interpretation of …
Persistent link: https://www.econbiz.de/10012951951
J M Keynes engaged in correspondence over the IS-LM model contained in chapter 15 of the General Theory with R. Harrod and J Hicks in 1937. Keynes had no major objections. How could he? How could Keynes object to interpretations concerning his own model of IS LM in the General Theory, as laid...
Persistent link: https://www.econbiz.de/10012955766
J M Keynes had already completely developed the technical, mathematical and logical framework of analysis for the concept of the multiplier in his A Treatise on Probability in 1921 long before Richard Kahn came to Cambridge in 1927 at the age of 22. However, Keynes did not have the time or...
Persistent link: https://www.econbiz.de/10012907306