Chapter Six and its Appendix deal in some detail with the way Keynes is defining income, savings and investment in the … General Theory while the appendix to Chapter 6 goes into detail on user cost. His concept of user cost at one point sparked a …. The General Theory is a theory of the short run, but firms' cost curves, which are key to many short run decisions …

for the future (global savings glut). Low growth is linked to slowing population growth and a declining marginal …, from the perspective of Austrian business cycle theory, interest rates were step by step decreased by central banks to … nihilo and the need of time to produce capital invalidates the IS identity assumed in the Keynesian theory to hold …