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The Impact of the Depression on Economic Thought

P. Temin

Chapter 5 in Economics in the Long View, 1982, pp 68-88 from Palgrave Macmillan

Abstract: Abstract The aim of this paper is to integrate the well-known changes in economics during the Depression into a longer history of economic thought. This will require looking at Keynesian theory from a somewhat unusual viewpoint. It will require looking at Keynes’s psychology rather than his economics. This implicit psychology, which might as well be called an implicit sociology, has its parallels and connections with both earlier and more recent thought.

Keywords: Federal Reserve; Late Nineteenth Century; Consumption Function; Economic Thought; Animal Spirit (search for similar items in EconPapers)
Date: 1982
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-06287-4_5

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DOI: 10.1007/978-1-349-06287-4_5

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