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The Classical Theory of the Rate of Interest

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Abstract

What is the classical theory of the rate of interest? It is something upon which we have all been brought up and which we have accepted without much reserve until recently. Yet I find it difficult to state it precisely or to discover an explicit account of it in the leading treatises of the modern classical school.

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Keynes, J.M. (2018). The Classical Theory of the Rate of Interest. In: The General Theory of Employment, Interest, and Money. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-70344-2_14

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  • DOI: https://doi.org/10.1007/978-3-319-70344-2_14

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-319-70343-5

  • Online ISBN: 978-3-319-70344-2

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

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