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Joan Robinson on Keynes's Liquidity Preference Function and the Rate of Interest and Her Failure to Grasp the Connection between the General Theory, the Liquidity Preference Functi...
Brady, Michael Emmett - 2018
treatise on Probability and the concept of the weight of the evidence from the General Theory. She mixed up Keynes's concept of … that was sent to both Austin Robinson and Richard Kahn. Keynes explicitly states that his theory of the rate of interest is … NOT that the interest rate is determined by the demand and supply of money. Keynes's theory of the interest rate is an …
Persistent link: https://www.econbiz.de/10012928375
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From Keynes Back to Smith and Aristotle : Liquidity Preference, Hoarding, and Speculation
Brady, Michael Emmett - 2018
Persistent link: https://www.econbiz.de/10012931457
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J M Keynes's Main Argument in the General Theory Is Not Expressed in Terms of His Aggregate Demand (D) and Aggregate Supply (Z) Model. Keynes's D-Z Analysis Supports a Specific Y=C...
Brady, Michael Emmett - 2017
Keynes's Theory of Effect ... …
Persistent link: https://www.econbiz.de/10012944203
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An Analysis of Joan Robinson’s 1972 Article ‘What Has Become of the Keynesian Revolution?’ In Light of Keynes’s Assessment of Her Understanding of His Liquidity Preference Theory o...
Brady, Michael Emmett - 2021
development of the General Theory between 1930 and February, 1936, given the nature of these exchanges. Keynes is very specific as … regards his Liquidity preference theory of the rate of interest: “You do not seem to realize that if you are right the whole … theory of liquidity preference has to be thrown overboard…Such a conclusion cannot be brought in as a tacit inference from an …
Persistent link: https://www.econbiz.de/10013242620