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Keynes, Pigou and the microeconomic foundations of the general theory : the marginal productivity theory of one variable input (labor) and one fixed input (capital)
Brady, Michael Emmett - In: International journal of applied economics and … 18 (2010) 2/3, pp. 94-116
Persistent link: https://www.econbiz.de/10008910018
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Keynes, Pigou, and the Microeconomic Foundations of the General Theory : The Marginal Productivity Theory of One Variable Input (Labor) and One Fixed Input (Capital)
Brady, Michael Emmett - 2011
Keynes chose to base the General Theory on the same type of microeconomic foundations that are contained in A C Pigou's The Theory of Unemployment (1933), Part II, Chapters 8-10. This allowed Keynes to make a direct comparison - contrast between the two models in the appendix to Chapter 19....
Persistent link: https://www.econbiz.de/10013133652