The General Theory: Volume 1, Volume 1Professor Geoffrey Harcourt, Peter Riach Keynes always intended to write 'footnotes' to his masterwork The General Theory, which would take account of the criticisms made of it and allow him to develop and refine his ideas further. However, a number of factors combined to prevent him from doing so before his death in 1946. A wide range of Keynes scholars - including James Tobin, Paul Davidson and Lord Skidelsky - have written here the 'footnotes' that Keynes never did. |
Contents
| viii | |
| xiv | |
| 3 | |
| 20 | |
| 28 | |
YES MRS ROBINSON | 52 |
IMPERFECT COMPETITION AND KEYNES | 83 |
THE PRINCIPLE OF EFFECTIVE DEMAND | 93 |
IS THERE A PLACE FOR RATIONAL EXPECTATIONS | 219 |
EXPECTATIONS AND UNCERTAINTY | 238 |
THE THEORY OF VALUE EXPECTATIONS | 261 |
OWNRATES OF INTEREST AND THEIR | 283 |
KEYNESS MONETARY THEORY OF VALUE | 304 |
THE CLASSICAL THEORY OF THE RATE | 335 |
short notes | 369 |
NOTES ON THE TRADE CYCLE AND SOCIAL | 393 |
UNITS AND DEFINITIONS | 107 |
USER COST | 132 |
THE PROPENSITY TO CONSUME AND | 147 |
KEYNES AND DYNAMICS | 162 |
THE MARGINAL EFFICIENCY OF CAPITAL | 185 |
THE MARGINAL EFFICIENCY OF INVESTMENT | 198 |
UNDERCONSUMPTION | 415 |
KEYNESS CONCLUDING NOTES | 430 |
| 440 | |
| 491 | |
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actual aggregate demand amount analysis argued argument assets assumed average bank behaviour business cycle called capital cause central changes Chapter classical commodity competition concept consume consumption conventions cyclical decisions decline defined definition depends determined discussion dynamics economic economists effective demand entrepreneurs equal equation equilibrium example exchange existing expansion expectations explain fact factors fall firms follows forces forward full employment function future given growth important income increase individual inflation investment Journal Keynes Keynes's Keynesian labour less limit liquidity macroeconomic marginal efficiency means measure models monetary multiplier natural noted output own-rates period positive possible preference present problem production profit propensity quantity question rate of interest rational reasonable relation relative represented result rise role saving suggests supply theory tion unit user cost variable wage