In 1935, while he was writing The General Theory of Employment, Interest and Money, John Maynard Keynes wrote to George Bernard Shaw, "I believe myself to be writing a book on economic theory which will largely revolutionise--not, I suppose, at once but in the course of the next ten years--the way the world thinks about economic problems."[1] Keynes was not wrong--The General Theory did cause a great change in economic thought. It disproved many traditional beliefs …
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showed last 75 words of 7115 total
…other economists. The first article by Paul A. Samuelson is informative as well as humorous. Pigou, A.C., Keynes's 'General Theory' London: Macmillan & Co., Ltd. 1959 Robertson, D.H., Banking Policy and the Price Level New York: Augustine M. Kelley, 1949 Samuelson, Paul A., Economics 11th ed. New York: McGraw-Hill Book Company, 1980 Soule, George, Ideas of the Great Economists New York: The Viking Press, 1952 Wicksell, Knut, Selected Papers on Economic Theory Cambridge, Massachusetts: Harvard University Press, 1958