Ahiakpor, James C. W. - In: American Journal of Economics and Sociology 60 (2001) 4, pp. 745-773
Keynes's multiplier story invites acceptance by building on the fact that people typically consume only a fraction of their income and that such purchases are incomes for sellers. By misrepresenting the classical definition of saving and the meaning of Say's Law, Keynes laid the grounds for...