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Harry Johnson, Keynes, and Keynesian Economics

  • D. E. Moggridge
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Abstract

David Laidler arrived in Chicago from the University of Syracuse in 1960. At Chicago he learned his monetary economics from Harry Johnson’s 1960–61 lecture course and, after a year teaching at the LSE, in the 1962–63 Money Workshop at Chicago (both of which Harry had taken over because Milton Friedman was on leave). David was involved with Harry in the founding of the British Money Study Group in 1969 and found Harry’s advice invaluable when moving to Manchester in 1969 and Western Ontario in 1975 (Laidler, 2000). He also surveyed Harry’s contributions to macroeconomics in 1984 and had Harry playing an important role in the development of the Phillips curve as a policy menu in a 1997 paper. In these circumstances, it seems more than appropriate to honour David with a paper on Harry Johnson.

Keywords

Monetary Policy Full Employment Phillips Curve Monetary Economic Loanable Fund 
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© D. E. Moggridge 2010

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