IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-28844-7_12.html
   My bibliography  Save this book chapter

Savings, Investment and Debt

In: The Evolution of Creditary Structures and Controls

Author

Listed:
  • Geoffrey W. Gardiner

Abstract

IN CHAPTER SIXTEEN of his book The General Theory of Employment, Interest and Money Lord Keynes analysed the nature and effects of saving. He pointed out that when a person saves he or she is postponing consumption, possibly, but not necessarily, with a view to consuming later. The consequence of this, Keynes suggested, is that saving reduces the immediate demand for goods and services. The first conclusion the reader is led to draw from his analysis is that saving must cause unemployment.

Suggested Citation

  • Geoffrey W. Gardiner, 2006. "Savings, Investment and Debt," Palgrave Macmillan Books, in: The Evolution of Creditary Structures and Controls, chapter 12, pages 174-194, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-28844-7_12
    DOI: 10.1057/9780230288447_12
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-28844-7_12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.