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Hans Neisser’s Views on Money and Structural Change, and Modern ‘Quantity Theory’ Implications

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Book cover David Laidler’s Contributions to Economics

Abstract

David Laidler’s Fabricating the Keynesian Revolution (1999) is an outstanding collection of studies of the interwar literature on money, the cycle, and unemployment. It provides a rich picture of various developments in macroeconomic thinking that preceded, anticipated, and criticized much of what came to be marketed as ‘the Keynesian Revolution’ — a paradigm shift that allegedly put those developments out of date. Roughly 120 economists and policymakers of that era figure in David’s histodrama, and Hans Neisser is not missing from the list.1 He is mentioned in a footnote on underconsumption theories (Laidler, 1999, 169, n. 16).

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Robert Leeson

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© 2010 Hans-Michael Trautwein and Angela Redish

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Trautwein, HM., Redish, A. (2010). Hans Neisser’s Views on Money and Structural Change, and Modern ‘Quantity Theory’ Implications. In: Leeson, R. (eds) David Laidler’s Contributions to Economics. Palgrave Macmillan, London. https://doi.org/10.1057/9780230248410_13

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