2012 | OriginalPaper | Chapter
On Keynes and Chick on Prices in Modern Capitalism (2002)
Author : G C Harcourt
Published in: On Skidelsky’s Keynes and Other Essays
Publisher: Palgrave Macmillan UK
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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