The Nature of the Keynesian Revolution: A Reassessment

  • Victoria Chick

Abstract

Two propositions, widely held, are evidence that the Keynesian Revolution remains to be made:
  1. 1.

    The macroeconomics of the General Theory (Keynes, 1936) do not rest on proper microeconomic foundations.

     
  2. 2.

    The General Theory is the economics of disequilibrium.

     

Keywords

Income Expense Defend Hines Monopoly 

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Copyright information

© Victoria Chick 1992

Authors and Affiliations

  • Victoria Chick
    • 1
  1. 1.University College LondonUK

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