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Keynes and His Predecessors

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Output, Inflation and Growth
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Abstract

In Chapters 7–17 we have gradually developed a macro-economic model which is, in all essentials, derived from the work of Keynes. In developing this model there is a risk that, in our detailed examination of its component parts, we have lost sight of its overall characteristics. To guard against this, in this chapter we take, as it were, a step back and attempt to set out the principal characteristics of the model as a whole. We begin by looking at its structure.

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Suggested Reading

  • J. Robinson, Economic Philosophy (Pelican, 1964) chs iv–vi.

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  • G. Ackley, Macro-Economic Theory (Macmillan, 1961) chs v–viii, xiv, xv.

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  • L. R. Klein,† The Keynesian Revolution (Macmillan, 1967) chs ii, vi, vii.

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  • R. F. Harrod, The Life of John Maynard Keynes (Macmillan, 1951) particularly ch. xi.

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  • R. L. Meek, Economics and Ideology and Other Essays (Chapman & Hall, 1967) pp. 179–95.

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  • R. F. Harrod,† Economic Essays (Macmillan, 1952) ch. xii.

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© 1974 D. C. Rowan

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Rowan, D.C. (1974). Keynes and His Predecessors. In: Output, Inflation and Growth. Palgrave, London. https://doi.org/10.1007/978-1-349-86173-6_19

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