recession. It is an application of the Keynesian multiplier theory, which was expounded in Keynes' 1936 economic treatise, The … economist and journalist. He discussed the multiplier theory in the 1840s, more than a generation before John Maynard Keynes …Keynes is back. President Obama's economic stimulus package is based on the premise that we can spend our way out of …

The myth that R. Kahn taught J M Keynes the multiplier,so that without Kahn's contribution,there would have been no … possibility of Keynes having written the General Theory in 1936,like the myth that there is no IS-LM mathematical model in the … General Theory , can be traced to deliberate canards made by Joan Robinson repeatedly in her life time.Keynes exposed Robinson …

derived from Keynes, then Shackle's claims that Kahn invented and developed the theory of the multiplier is dubious.A myth has … the same analysis that is used to derive the multiplier. Keynes's conclusion in 1921 in chapter 26 of the TP requires a … multiplier and replace Keynes's q with Keynes's b, the marginal propensity to consume, to obtain the investment multiplier in the …

The mathematical(logical), technical, theoretical exposition of the multiplier given in chapter 10 of the General … Theory by Keynes is identical to the exposition given by Keynes in chapter 26 of the A Treatise on Probability in footnote 1 … numbers. This instantaneous multiplier result, which is derived by an application of the differential calculus, has nothing to …