Skip to main content

Monetary Increases and their Consequences: Streams, Backwaters and Floods

  • Chapter
Demand, Equilibrium and Trade

Abstract

The origin of this chapter is the series of conversations I was privileged to have with Ivor Pearce while a visiting lecturer at the University of Southampton in 1977. The discussions centred around monetary aspects of expansion, something Dennis Robertson had argued with Keynes and on which the monetarists should have drawn fire from the Keynesians, but for some reason they have not done so.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 44.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Bain, A. D. (1981) The Economics of the Financial System (Oxford: Mart in Robertson).

    Google Scholar 

  • Chick, V. (1983) Macroeconomics After Keynes: A Reconsideration of The General Theory (Deddington, Oxford: Philip Allan).

    Google Scholar 

  • Crump, T. (1981) The Phenomenon of Money (London: Routledge & Kegan Paul).

    Google Scholar 

  • Gurley, J. G. and E. S. Shaw (1960) Money in a Theory of Finance (Washington, DC: The Brookings Institution).

    Google Scholar 

  • Heathfield, D. F. and I. F. Pearce (1982) ‘A Tract on Sound Money: Why and How’, in C. Hawkins and G. McKenzie (eds) The British Economy — What Will Our Children Think? (London: Macmillan) pp. 153–64.

    Google Scholar 

  • Kahn, R. F. (1931) ‘The Relation of Home Investment to Employment’, Economic Journal, 41, June, 173–98.

    Article  Google Scholar 

  • Keynes, J. M. (1930) A Treatise on Money (London: Macmillan).

    Google Scholar 

  • Keynes, J. M. (1936) The General Theory of Employment, Interest and Money (London: Macmillan).

    Google Scholar 

  • Keynes, J. M. (1937) ‘Alternative Theories of the Rate of Interest’, Economic Journal, 47, June. (Page reference in text refers to the reprint in Keynes, 1973.)

    Google Scholar 

  • Keynes, J. M. (1939) ‘The Process of Capital Formation’, Economic Journal 49, Sept. (Reprinted in Keynes, 1973.)

    Google Scholar 

  • Keynes, J. M. (1973) D. E. Moggridge (ed.) The General Theory and After: Defence and Development: The Collected Writings of John Maynard Keynes, XIV (London: Macmillan).

    Google Scholar 

  • Leijonhufvud, A. (1981) ‘The Wicksell Connection: Variations on a Theme’, in A. Leijonhufvud, Information and Coordination: Essays in Macroeconomic Theory (London: Oxford University Press).

    Google Scholar 

  • Minsky, H. P. (1982) Inflation, Recession and Economic Policy (Brighton: Wheatsheaf Books).

    Google Scholar 

  • Pearce, I. F. (1982) ‘The Time is Not Yet Ripe’, University of Southampton Lecture on Economic Policy.

    Google Scholar 

  • Radcliffe Report (1959) Committee on the Working of the Monetary System, Report, Cmnd 827 (London: HMSO).

    Google Scholar 

  • Robertson, D. H. (1926) Banking Policy and the Price Level (London, P. S. King & Son).

    Google Scholar 

  • Robertson, D. H. (1936) ‘Some Notes on Mr Keynes’s General Theory of Employment’, Quarterly Journal of Economics, 51, Nov, 168–91. (Page reference in the text to the reprint, under the title ‘Effective Demand and the Multiplier.’, in D. H. Robertson, Essays in Monetary Theory (London: P. S. King & Son).)

    Article  Google Scholar 

Download references

Authors

Editor information

Editors and Affiliations

Copyright information

© 1984 A. Ingham and A. M. Ulph

About this chapter

Cite this chapter

Chick, V. (1984). Monetary Increases and their Consequences: Streams, Backwaters and Floods. In: Ingham, A., Ulph, A.M. (eds) Demand, Equilibrium and Trade. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-06358-1_13

Download citation

Publish with us

Policies and ethics