Economic Policy and the Trade Cycle

  • John R. Presley

Abstract

‘I may say that by comparison with my own extremely libertarian position, Robertson seemed to me nearly as much an interventionist as did Keynes. Robertson clearly had a great belief in individualism, but so did Keynes. And when it came to economic intervention, … Robertson had a good deal of tolerance for it’. — M. Friedman.1

Keywords

Depression Shipping Income Expense Volatility 

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Economic Policy and the Trade Cycle

  1. 6.
    DHR, Money, (1928) p. 214.Google Scholar
  2. 11.
    P. Samuelson, ‘Sir D. H. Robertson’, QJE, No. 4, (November 1963) pp. 528–536.Google Scholar
  3. 20.
    DHR, Money, (1922), p. vii.Google Scholar
  4. 23.
    DHR, Money, (1928 edition).Google Scholar
  5. 32.
    DHR, Memorandum submitted to the Canadian Royal Commission on Banking and Finance 1962 (Reprinted in Essays in International Finance, No. 42, May 1963, Princeton University) p. 17.Google Scholar
  6. 48.
    See, for example, J. L. Stein (ed.) Monetarism, (North Holland, 1976).Google Scholar
  7. 60.
    DHR, ‘Is another slump coming?’ The Listener, (28th July, 1937) p. 1089.Google Scholar
  8. 62.
    A. C. Pigou, ‘The Classical Stationary State’, EJ, Vol. LIII, (1943) pp. 343–51.Google Scholar

Copyright information

© John R. Presley 1978

Authors and Affiliations

  • John R. Presley

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