Keynes as Seen by his Students in the 1930s
I must say I’m not sure what an aging bureaucrat can contribute to this company of scholars. I don’t remember much of what happened forty years ago. I haven’t had time to read Volume XIII of Keynes’s Collected Writings, although I’ve leafed through it and wondered how on earth people leave so much behind them. It was my good fortune to be at Cambridge from mid-1932 to mid-1935 although I’m not satisfied that that amounts to ‘being there’ as Don Patinkin was indicating before the coffee break. The geography has to be very ‘micro’ to really count. It was ‘good fortune’ too since it was only because my father was in the gold mining business in the midst of the depression that I was able to be there. However, I was also lucky to be a member of the Political Economy Club.1 Indeed I attended my first meeting and had to get up and speak before the fireplace the first day that I was studying economics. It was a somewhat terrifying experience. However, I got more accustomed to it later.
KeywordsGeneral Theory Marginal Cost Real Wage Demand Elasticity Aggregate Output
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