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On Keynes and Chick on Prices in Modern Capitalism (2002)

In: On Skidelsky’s Keynes and Other Essays

Author

Listed:
  • G C Harcourt

    (University of Cambridge
    Jesus College
    University of Adelaide
    University of New South Wales)

Abstract

David Champernowne once told me that to introduce prices into a macroeconomic model requires that you choose the simplest possible model of pricing which still retained a link with reality, with real world practice.1

Suggested Citation

  • G C Harcourt, 2012. "On Keynes and Chick on Prices in Modern Capitalism (2002)," Palgrave Macmillan Books, in: On Skidelsky’s Keynes and Other Essays, chapter 4, pages 113-122, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-34864-6_5
    DOI: 10.1057/9780230348646_5
    as

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