The General Theory and the Critique of Decreasing Returns

Claudio Sardoni ()

Journal of the History of Economic Thought, 1994, vol. 16, issue 1, 61-85

Abstract: The prevailing opinion among John Maynard Keynes's interpreters is that, in writing The General Theory, Keynes ignored the other “revolution” which was taking place in Cambridge at the time, the critique of Marshallian microeconomics which led to the development of the notion of imperfect competition.

Date: 1994
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