Retrospectives Lord Keynes and Mr. Say: A Proximity of Ideas
Abstract
Since the publication of Keynes’s General Theory of Employment, Interest and Money, generations of economists have been led to believe that Say was Keynes’s ultimate nemesis. By means of textual and contextual analysis, we show that Keynes and Say held similar views on several key issues, such as the possibility of aggregate-demand deficiency, the role of money in the economy, and government intervention. Our conclusion is that there are enough...
Paper Details
Title
Retrospectives Lord Keynes and Mr. Say: A Proximity of Ideas
Published Date
Aug 1, 2019
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