University of Groningen research database (University of Groningen / Centre for Information Technology) · 1985 · 61 citations · 2 references
Open access
Social SciencesEconomicsHistoryEconomic HistoryMacroeconomicsMonetary EconomicsEconomic GrowthGrowth TheoryHistory Of Economic ThoughtMonetary HistoryMonetary PolicyMonetary SystemsDevelopment Of MacroeconomicsHistory Of Macroeconomic ThoughtKeynesian EconomicsMonetary DynamicsMonetary EquilibriumMoney Economy
Keynes' General Theory was exclusively concerned with a monetary economy in which changing beliefs about the future influence the quantity of employment. Yet money plays no more than a perfunctory role in the Cambridge theories of growth, capital, and distribution developed after Keynes. This essay attempts to explain this paradox with reference to the relation between Keynes' monetary revolution and the value theory revolution which simultaneously occurred in Cambridge in the 1930's.
2
The Making of Keynes' General Theory.
Austin Robinson, Richard F. Kahn · The Economic Journal · 1985 · 69 citations
Social Sciences, Economics, History +14