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Volume 2 Overview, Extensions, Method and New Developments
This second volume contains essays which relate to developments in Keynes' scholarship and theorizing in the years since his death and demonstrates the ongoing validity of the Keynesian tradition.
NOTES 1 The editors would like to thank the contributors to the volume, Grant
Belchamber and Jörg Bibow for their helpful and supportive comments on a draft
of the Introduction. 2 Keynes's suggestions for 'Footnotes to “The General Theory”
' Ch apt er 1 The Four Parts of the Theory: (a) Effective demand (b) The multiplier
(c) The theory of investment (d) The theory of interest 2 The analysis of effective
demand 3 The theory of interest regarded as the marginal efficiency of money 4
The ...
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.
THEORY. Existence. of. a. monetary. long-period. unemployment. equilibrium*.
Colin. Rogers. The theory of interest is, I think, the central point in his scheme. He
departs from old orthodoxy in holding that the failure of the system to more to a
position of full activity is not primarily due to friction, rigidity, immobility or to
phenomena essentially connected with the trade cycle. If a certain level of
interest is established, which is inconsistent with full employment, no flexibility or
mobility in the ...
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.
THEORY. OF. THE. RATE. OF. INTEREST. M.S.. Lawlor. A REVISION OF
CHAPTER 14 OF THE GENERAL THEORY1 M.S. Lawlor writing as J.M. Keynes
As was noted at the beginning of The General Theory, the relationship of this
work to the tradition of economics that has dominated the literature since Ricardo
is difficult and controversial. The difficulty lies in the struggle to salvage and
utilize what is valuable and relevant in that tradition while redirecting our
attention to a different ...
