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German Anticipations of the Keynesian Revolution?: The Case of Lautenbach, Neisser and Ropke

Hansjörg Klausinger

The European Journal of the History of Economic Thought, 1999, vol. 6, issue 3, 378-403

Abstract: This paper discusses the extent to which the so-called German Keynesians, in particular Lautenbach, Neisser and Ro, can be credited with anticipating the key theoretical elements of the Keynesian revolution. After justifying the choice of these three economists as representatives of German Keynesianism the theoretical foundations of expansionist programmes, in particular the distinction between primary and secondary depression are examined. A list of crucial elements of Keynes's General Theory is then established, which is used in the main section for testing the claim of anticipations. The conclusion is that the policy prescriptions were based on different foundations so that with regard to theory such a claim is not warranted.

Keywords: Anticipations of Keynes; Lautenbach; Neisser; Ropke; secondary depression (search for similar items in EconPapers)
Date: 1999
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Citations: View citations in EconPapers (9)

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DOI: 10.1080/10427719900000073

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