Liberal Interventionism: D.H. Robertson’s Social Philosophy

Toshiaki Hirai
Additional contact information
Toshiaki Hirai: Sophia University

Chapter Chapter 13 in Keynes as an Economist, World System Planner and Social Philosopher, 2024, pp 301-317 from Palgrave Macmillan

Abstract: Abstract Robertson, as is clear in Robertson (1950), has the face of a Pigovian utilitarian in that he supports the theory of cardinal utility. In it, Robertson criticizes those who advocate the New Welfare Economics, such as Hicks of ordinal utility theory (Pareto’s position) and Samuelson of revealed preference theory, and expresses his full support for Pigou’s theory of cardinal utility. Robertson is also widely known for his original economic fluctuation theory developed in Banking Policy and the Price Level (Robertson 1926). And because Robertson had a theory of dynamics that focused on the characteristics of modern industry with large-scale production, he became more and more critical of Keynes who proceeded to A Treatise on Money and then The General Theory.

Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:pshchp:978-3-031-40135-0_13

Ordering information: This item can be ordered from
http://www.palgrave.com/9783031401350

DOI: 10.1007/978-3-031-40135-0_13

Access Statistics for this chapter

More chapters in Palgrave Studies in the History of Economic Thought from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().