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Abstract

When he discussed savings and consumption in the General Theory, Keynes distinguished neither between capitalists and workers nor between business and households. Notwithstanding the importance of the first of these two distinctions I shall deal in this chapter only with the second which involves problems of its own.

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References

  • Harrod, R. F. (1951) The Life of John Maynard Keynes (New York: Avon).

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  • Minsky, Hyman P. (1982) ‘The potential for financial crisis’, working paper, Washington University, St Louis (December).

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  • Steindl, J. (1982) ‘The role of household saving in the modern economy’, Banca Nazionale del Lavoro Quarterly Review (March).

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© 1989 Association pour le Développement des Etudes Keynésiennes

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Steindl, J. (1989). Saving and Debt. In: Barrère, A. (eds) Money, Credit and Prices in Keynesian Perspective. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-20117-4_4

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