What Revolution? The Legacy of Keynes

Louise Davidson

Chapter 27 in Uncertainty, International Money, Employment and Theory, 1999, pp 379-391 from Palgrave Macmillan

Abstract: Abstract Sixty years ago, an economic classic was published: John Maynard Keynes’s book The General Theory of Employment, Interest and Money (1936). A classic can be defined as something everybody cites and nobody reads. In the spirit of this definition, it appears that Keynes’s book is a classic, at least as far as New Keynesians are concerned.

Keywords: Full Employment; Liquid Asset; Effective Demand; Price Flexibility; Keynesian Model (search for similar items in EconPapers)
Date: 1999
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DOI: 10.1007/978-1-349-14991-9_27

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