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J M Keynes's General, Multiple, Macro Equilibria Approach in 1936 Against the Marshallians (Harrod, Hawtrey, Henderson, Pigou, and Robertson) Ceteris Paribus, Partial Equilibrium, Approach to Macro

Brady, Michael Emmett - 2018

Persistent link: https://www.econbiz.de/10012912975

On J M Keynes's Total and Complete Rejection of the Marshallian, Partial Equilibrium Approach to Macroeconomics in the General Theory in 1936 : Keynes's Critique of Pigou's Marshal...

Brady, Michael Emmett - 2018

Persistent link: https://www.econbiz.de/10012915509

J M Keynes’s 1937 Refutation of the Claim That Hicks–Hansen (and Others) Saved Keynes’s General Theory by the Development of the IS-LM Model in His ‘Professor Pigou on Money Wage R...

Brady, Michael Emmett - 2018

himself in the draft copy of his 1937 paper, titled “Professor Pigou on money wage rates in relation to unemployment … it was the demand and supply of money that determined the rate of interest. This meant that Keynes was arguing that the …

Persistent link: https://www.econbiz.de/10012928661

A Very Short Note Covering the Five Easy Steps Needed to Show that Keynes’s Analysis in Footnote Two on Page 55 of the General Theory is Correct with a Minor Exception that Was Correctly Analyzed by Keynes in Footnote One on p. 283 of the General Theory in Chapter 20

Brady, Michael Emmett - 2010

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

How to Use Keynes’s Conventional Coefficient of Risk and Weight, c, to Clear Up Misunderstandings and Confusions About Keynes’s Views on the Use on His Principle of Indifference Versus the Use of Laplace’s Principle of Nonsufficient Reason

Brady, Michael Emmett - 2012

J M Keynes's Principle of Indifference is not the same as Laplace's Principle of Nonsufficient Reason. The application of Keynes's Principle of Indifference requires that the calculation of the probabilities be based on the existence of positive, symmetrical evidence. This requires that the...

Persistent link: https://www.econbiz.de/10013115466

It Is Not Possible to Fix the Misleading Analysis Contained in the History of Economic Thought Website of the Hicks -Hansen Version of the IS-LM Model If One Is Seeking to Grasp Keynes’s Own, Actual IS-LM Model Presented in Chapter 21 in Part IV on pp.298-299 of the General Theory that uses M=L(r,Y),not M=L(r)

Brady, Michael Emmett - 2021

by Champernowne with his Q and Q’ variables.Thus, involuntary unemployment for Keynes and monetary unemployment for … Champernowne have nothing to do with rigid or fixed money wages, as claimed by Hicks, Harrod, Lange, and Modigliani, but are due to …

Persistent link: https://www.econbiz.de/10013250962