Hans Neisser’s Views on Money and Structural Change, and Modern ‘Quantity Theory’ Implications

Hans-Michael Trautwein and Angela Redish

Chapter 13 in David Laidler’s Contributions to Economics, 2010, pp 285-303 from Palgrave Macmillan

Abstract: Abstract David Laidler’s Fabricating the Keynesian Revolution (1999) is an outstanding collection of studies of the interwar literature on money, the cycle, and unemployment. It provides a rich picture of various developments in macroeconomic thinking that preceded, anticipated, and criticized much of what came to be marketed as ‘the Keynesian Revolution’ — a paradigm shift that allegedly put those developments out of date. Roughly 120 economists and policymakers of that era figure in David’s histodrama, and Hans Neisser is not missing from the list.1 He is mentioned in a footnote on underconsumption theories (Laidler, 1999, 169, n. 16).

Keywords: Monetary Policy; Business Cycle; Price Level; Euro Area; Technical Progress (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-24841-0_13

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DOI: 10.1057/9780230248410_13

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