Are The General Theory's Central Contributions Still Valid?

Abstract

Though Keynes wrote prodigiously, his position in economics is based on The General Theory of Employment, Interest and Money (1936). Without it, I think he would be judged as a fine economist, exceptionally able to combine theoretical work and practical policy application, but I doubt that he would stand as one of our “greats”.

Citation

Chick, V. (1987), "Are The General Theory's Central Contributions Still Valid?", Journal of Economic Studies, Vol. 14 No. 4, pp. 5-12. https://doi.org/10.1108/eb002650