Abstract
In the previous chapter saving and investment have been so defined that they are necessarily equal in amount, being, for the community as a whole, merely different aspects of the same thing. Several contemporary writers (including myself in my Treatise on Money) have, however, given special definitions of these terms on which they are not necessarily equal. Others have written on the assumption that they may be unequal without prefacing their discussion with any definitions at all. It will be useful, therefore, with a view to relating the foregoing to other discussions of these terms, to classify some of the various uses of them which appear to be current.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2018 The Author(s)
About this chapter
Cite this chapter
Keynes, J.M. (2018). The Meaning of Saving and Investment Further Considered. In: The General Theory of Employment, Interest, and Money. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-70344-2_7
Download citation
DOI: https://doi.org/10.1007/978-3-319-70344-2_7
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-70343-5
Online ISBN: 978-3-319-70344-2
eBook Packages: Economics and FinanceEconomics and Finance (R0)