1999 | OriginalPaper | Chapter
What Revolution? The Legacy of Keynes
Author : Louise Davidson
Published in: Uncertainty, International Money, Employment and Theory
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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Sixty years ago, an economic classic was published: John Maynard Keynes’s book The General Theory of Employment, Interest and Money (1936). A classic can be defined as something everybody cites and nobody reads. In the spirit of this definition, it appears that Keynes’s book is a classic, at least as far as New Keynesians are concerned.