Abstract
Professor Patinkin (1988) has provided yet another interesting but, in my view, incorrect attempt to redeem the 45° cross as the ‘proper’ interpretation of Keynes’s General Theory. Patinkin rejects the Fusfeld (1985) description of a report by Arthur E. Burns of the latter’s discussion with Keynes regarding the graphical representation of Keynes’s aggregate supply and demand analysis.
History of Political Economy, 21, 1989.
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References
Davidson, Paul (1988), ‘The Aggregate Supply Function’, The New Palgrave.,
Fusfeld, Daniel R. (1985), ‘Keynes and the Keynesian Cross: A Note’, History of Political Economy, 17 (Fall), pp. 385–9.
Keynes, John Maynard (1936), The General Theory of Employment Interest and Money, (New York: Harcourt).
Keynes, John Maynard (1940), How to Pay for the War., As reprinted in Keynes, Collected Writings, Vol. IX.
Keynes, John Maynard (1973), The Collected Writings of John Maynard Keynes, Vol. XIII (London: Macmillan).
Meltzer, Allan H. (1981), ‘Keynes’s General Theory: A Different Perspective’, Journal of Economic Literature, 19 (1).
Patinkin, Don (1956), Money, Interest, and Prices, (New York: Harper & Row). References are to 2nd edition (1965).
Patinkin, Don (1976), ‘Keynes’s Monetary Thought’, History of Political Economy, 8 (Spring), pp. 1–150.
Patinkin, Don (1988), ‘Keynes and the Keynesian Cross: A Further Note’, History of Political Economy, 21 (Winter) (1989)
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© 1990 Paul Davidson
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Davidson, L. (1990). Patinkin’s Interpretation of ‘Keynes and the Keynesian Cross’. In: Davidson, L. (eds) Money and Employment. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-11513-6_39
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