Abstract
We have now reached the last of the four topics encompassed by Keynes’s treatment of investment and saving.
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Notes and References
See, for example, W. T. Newlyn and R. Bootle, Theory of Money, 3rd edn (Oxford: Clarendon Press, 1978) ch. 5.
D. H. Robertson, ‘Mr. Keynes and the Rate of Interest’, in J. R. Hicks (ed.), Essays in Money and Interest (London: Fontana, 1966) p. 165.
See also, J. R. Presley, Robertsonian Economics, (London: Macmillan, 1978) pp. 98, 195–6, 211.
The best example is A. D. Crockett, Money, 2nd edn (London: Nelson, 1979) ch. 3.
A. Leijonhufvud, On Keynesian Economics and the Economics of Keynes (New York: OUP, 1968) p. 213.
Keynes made the point explicitly by quoting from Joan Robinson’s Introduction to the Theory of Employment (London: Macmillan, 1937, repr. 1960) pp. 82, 83. See CW, XXIX, p. 184.
See A. Hansen, A Guide to Keynes (London: McGraw-Hill, 1953) pp. 140–1,146–7.
Hansen, Guide to Keynes, p. 63. The article in question is, Keynes, ‘The Process of Capital Formation’, Economic Journal (Sept. 1939) p. 573.
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© 1989 Gordon A. Fletcher
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Fletcher, G.A. (1989). The Rate of Interest. In: The Keynesian Revolution and its Critics. Keynesian Studies. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-20108-2_10
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