The paper considers Keynes’s major contributions before "The General Theory", namely "A Tract on Monetary Reform" and "A Treatise on Money", and shows that they were close to the views which Friedman would later develop. However, "The General Theory of Employment, Interest and Money"...

This original Handbook on the Northeast and Southeast Asian Economies provides a broad overview of economic and social developments in the countries covered (Brunei Darussalam, Cambodia, China, Hong Kong, Indonesia, Japan, Lao, Malaysia, Myanmar, North Korea, The Philippines, Singapore, South...

Part of Keynes' 'struggle of escape from habitual modes of thought and expression' (Keynes 1960: viii) involves an implicit attempt to break with the methodology as well as the theory of the past. Unfortunately the rhetorical strategy Keynes adopted in The General Theoryblurred this attempt. As...

The inability to agree on definitions ultimately can condemn economic analysis and debate to fruitless argumentation. The sharp interchange between Stigler and Leibenstein did little to clarify the issues surrounding the controversial theory of X-efficiency. Given their conflicting agendas,...