F. Modigliani presented a special case of Keynes's General Theory result in 1944 in his “Liquidity Preference and the Theory of Interest and Money”. Modigliani sought to provide the IS-LM model of Hicks's 1937 Econometrica interpretation of Keynes's chapter 15 IS-LM model with microeconomic...

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...

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...

Dennis Robertson had no understanding of how J M Keynes's Multiplier concept was based on the use of differential calculus techniques that required one to take the mathematical limit of an infinite, decreasing, geometric series. Robertson failed to see that the derivative concept requires that...