Abstract
In recent years Allan Meltzer has published several analytical studies of Keynes’s General Theory (see, e.g., Meltzer, 1981, 1983a). He wrote of the General Theory: I find in Keynes’ General Theory an economic argument based on the belief that fluctuations in output impose social costs that cannot be removed by private action. (Meltzer, 1983a)
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
Editor information
Copyright information
© 1987 Zannis Res and Sima Motamen
About this chapter
Cite this chapter
Wood, G.E. (1987). Comment on ‘Properties of Monetary Systems’. In: Res, Z., Motamen, S. (eds) International Debt and Central Banking in the 1980s. Studies in Banking and International Finance. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-08329-9_8
Download citation
DOI: https://doi.org/10.1007/978-1-349-08329-9_8
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-08331-2
Online ISBN: 978-1-349-08329-9
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)