The Trade Cycle: Group, Critics and Critiques
During 1936 and 1937, Harrod was, for the most part, occupied with the preparation, presentation, defence, and further development of the ideas and approach he outlined in his book The Trade Cycle (Harrod, 1936a). To this end he was in contact with a number of colleagues over the period. This was not only for the purpose of explaining his ideas in general and obtaining the reactions of his colleagues to them, but also for the more formal task of providing him with critical feedback to their specific written form, that is, their reactions to, and comments on, the draft manuscript of his book. Furthermore, after its publication he corresponded with colleagues on the further development of the approach he outlined there and its implications.
KeywordsInterest Rate Monetary Policy Trade Cycle Capital Good Full Employment
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