Hoover, Kevin D. - 2010 - Revised, 16 May 2010
distinction was drawn quite independently of Keynes, yet Keynes's General Theory led to its widespread adoption. The question of … microfoundations was not raised for the first time in the 1960s or ‘70s, as is sometimes thought, but goes back to the very foundations … directly in Keynes's own theorizing in the General Theory; a fixed-price general-equilibrium theory, which includes some work …