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Some Observations upon the Similarity of Keynes’ and Robertson’s Work

In: Robertsonian Economics

Author

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  • John R. Presley

Abstract

The last two chapters have emphasised Robertson’s critical reaction to the General Theory, in particular his response to the static analysis of the multiplier and the liquidity preference theory. It would be wrong to leave the reader with the impression that the Robertsonian and Keynesian theories are totally opposed to one another; indeed it is the purpose here to throw some light on the statement by T. Wilson that: ‘the polemical literature, both Keynesian and Robertsonian, leaves an exaggerated impression of the differences between their respective theories’.1 I offer the contents of this chapter as food for thought.

Suggested Citation

  • John R. Presley, 1978. "Some Observations upon the Similarity of Keynes’ and Robertson’s Work," Palgrave Macmillan Books, in: Robertsonian Economics, chapter 13, pages 216-221, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-03239-6_19
    DOI: 10.1007/978-1-349-03239-6_19
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