Keynes attacks the return to gold
Citations (1)
- The Economic Consequences of Mr. Churchill whole source
Primary text of Keynes 1925 criticism of the return to gold.
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Consequences
what this set in motion, following the causal links
- preceded Keynes publishes “The Great Slump of 1930” 1930 The gold-standard argument became part of the wider Depression diagnosis.
- preceded Publication of The General Theory 1936 The Depression journalism preceded the theoretical synthesis.
- 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
Appears in 2 stories
Linked events (2)
- this preceded Keynes publishes “The Great Slump of 1930”
- Keynes publishes A Tract on Monetary Reform preceded this