Keynes and Crises: Before the General Theory

Michael Perelman

Chapter 1 in Keynes, Investment Theory and the Economic Slowdown, 1989, pp 1-46 from Palgrave Macmillan

Abstract: Abstract What is Keynesianism? Sharp debates about its meaning continue. These differences of opinion owe much to Keynes’ enigmatic presentation of his theory. Although for more than three decades Keynes immersed himself in policy matters at the highest levels of government, he devoted painfully little space to elaborating specific policy recommendations in any of his major writings, especially the General Theory (Chick, 1983, p. 316). Those recommendations that he offered were mostly impressionistic.

Keywords: Monetary Policy; Price Level; Capital Good; Natural Rate; Financial Asset (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-19940-2_1

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DOI: 10.1007/978-1-349-19940-2_1

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