Publication of The General Theory
Citations (2)
- The General Theory of Employment, Interest and Money whole source
Primary text of Keynes General Theory.
- The Cambridge Companion to Keynes whole source · open book
Scholarly source for the General Theory and the birth of modern macroeconomics.
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Consequences
what this set in motion, following the causal links
- enabled Hicks turns Keynes into the IS-LM diagram 1937 Hicks formalized a teachable model from Keynes book.
- enabled Congress passes the Employment Act of 1946 1946 Keynesian economics made full-employment policy intellectually legible after the war.
- preceded Samuelson's Economics mainstreams the Keynesian synthesis 1948 Policy adoption and textbook synthesis reinforced each other in the postwar settlement.
People
- John Maynard Keynes author
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Linked events (6)
- this enabled Congress passes the Employment Act of 1946
- this enabled Hicks turns Keynes into the IS-LM diagram
- Keynes publishes “The Great Slump of 1930” preceded this
- The Hayek-Keynes debates preceded this
- Say's Law becomes the target Keynes has to overthrow preceded this
- Kahn formulates the Keynesian multiplier enabled this