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Saving in the Cycle: The Robertsonian Approach in the ‘Study’

  • John R. Presley

Abstract

After our discussion of the relationship between Keynes and Robertson, we now turn to a detailed analysis of Robertson’s work on saving and investment, and their role in the trade cycle. This will eventually lead to an elucidation of the differences and similarities between the two men; the content of this and the next seven chapters however will not allow us to lose sight of the major objective of this book — to present a thorough examination of the theory of industrial fluctuation. We begin in this chapter with a discussion of the Robertsonian analysis of saving in 1915.

Keywords

Trade Cycle Consumer Good Capital Good Monetary Economy Winter Snow 
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Saving in the Cycle: The Robertsonian Approach in the ‘Study’

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    W. Mitchell, Business Cycles: The Problem and Its Setting, (New York: Burt Franklin, 1st edn. 1913).Google Scholar
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    G. Cassel, op cit., A. Spiethoff, op cit., see especially also the work of E. Von Boehm-Bawerk, e.g. Capital and Interest, (London: Macmillan, 1922).Google Scholar
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    DHR, Money, Ch. V, (1922).Google Scholar
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    M. Tugan-Baranowski Les Crises Industrielles en Angleterre, French ed., (Paris: Giard & Brière, 1913).Google Scholar

Copyright information

© John R. Presley 1978

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  • John R. Presley

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