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The Nature of the Keynesian Revolution: A Reassessment

In: On Money, Method and Keynes

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  • Victoria Chick

    (University College London)

Abstract

Two propositions, widely held, are evidence that the Keynesian Revolution remains to be made: 1. The macroeconomics of the General Theory (Keynes, 1936) do not rest on proper microeconomic foundations. 2. The General Theory is the economics of disequilibrium.

Suggested Citation

  • Victoria Chick, 1992. "The Nature of the Keynesian Revolution: A Reassessment," Palgrave Macmillan Books, in: Philip Arestis & Sheila C. Dow (ed.), On Money, Method and Keynes, chapter 3, pages 55-79, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-21935-3_3
    DOI: 10.1007/978-1-349-21935-3_3
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    Cited by:

    1. Rutherford, R P, 1987. "Malthus and Keynes," Oxford Economic Papers, Oxford University Press, vol. 39(1), pages 175-189, March.
    2. Rouzier, Philippe, 1978. "L’approche séquentielle du déséquilibre dans les modèles de stocks et de flux," L'Actualité Economique, Société Canadienne de Science Economique, vol. 54(2), pages 234-248, avril-jui.
    3. Ezra Davar, 2016. "Unemployment: Walras’S Voluntary And Keynes’S Involuntary," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 11(3), pages 605-629, September.
    4. Claudio Sardoni, 2011. "Unemployment, Recession and Effective Demand," Books, Edward Elgar Publishing, number 13837.
    5. G.C. Harcourt, 2014. "AEP and me: A short(ish) memoir," Australian Economic Papers, Wiley Blackwell, vol. 53(3-4), pages 255-259, December.
    6. G.C. Harcourt, 1995. "Recollections and reflections of an australian patriot and a cambridge economist," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 48(194), pages 225-254.
    7. T. R. Edwards*, 1985. "Effective Demand Failure: Critique of an Anti‐Monetary Theory," South African Journal of Economics, Economic Society of South Africa, vol. 53(2), pages 83-92, June.
    8. C. Rogers*, 1985. "A Critique of Clower's Dual Decision Hypothesis," South African Journal of Economics, Economic Society of South Africa, vol. 53(2), pages 75-82, June.

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