Townshend, Hugh (1890–1974)
Townshend is an anomaly amongst economists, for he owes his reputation almost entirely to one brilliant article. He took a First in mathematics at Cambridge in 1912 and stayed on to prepare for the civil service examinations under Keynes’s supervision. He served with the Post Office, where his duties included economic forecasting.
KeywordsLiquidity preference Loanable funds Townshend, H. Walras’s law
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