Hicks' first impressions on The General Theory

Jorge Eduardo Soromenho ()

No 2012_06, Working Papers, Department of Economics from University of São Paulo (FEA-USP)

Abstract: In this article, Hicks' first review article of Keynes´s General Theory is discussed. First we analyze the influence of Hayek's theory on the work of Hicks. We show how Hicks, reflecting on the Austrian theory of the business cycle, created the concepts of "week" and temporary equilibrium. Then we discuss how these concepts of time and equilibrium are reformulated to interpret the General Theory

Keywords: John Hicks; Keynesian economics (search for similar items in EconPapers)
JEL-codes: B22 (search for similar items in EconPapers)
Date: 2012-04-09
New Economics Papers: this item is included in nep-his and nep-hpe
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