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A Comment on ‘IS-LM: An Explanation’

Victoria Chick

Chapter 5 in On Money, Method and Keynes, 1992, pp 95-100 from Palgrave Macmillan

Abstract: Abstract Sir John Hicks has performed an invaluable service in delving into the history of the creation of IS-LM analysis and in providing an integration of his view of the analysis at the time of its conception with his later work on method in Capital and Growth. From these elements, I believe, the view expressed in The Crisis in Keynesian Economics is derived, and now we know more of the foundations of that view.

Keywords: Profit Maximisation; Inventory Policy; Production Period; Actual Demand; Keynesian Economic (search for similar items in EconPapers)
Date: 1992
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DOI: 10.1007/978-1-349-21935-3_5

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