Did Keynes Reverse the Marshallian Speed of Adjustment?

Louise Davidson

Chapter 28 in Uncertainty, International Money, Employment and Theory, 1999, pp 392-410 from Palgrave Macmillan

Abstract: Abstract Geoff Harcourt has been an amazingly prolific economist. His interest is not theory for theory’s sake — but theory as a means of understanding the economic world in which we live. Some of his greatest contributions have been in synthesizing debates in economic theory and offering the fair-minded reader a vision of not only how to resolve the controversy, but also to use the resolution to gain insights about the real world.

Keywords: Aggregate Demand; Full Employment; Aggregate Supply; Effective Demand; Money Wage (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-14991-9_28

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DOI: 10.1007/978-1-349-14991-9_28

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