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The General Theory and the Critique of Decreasing Returns

Published online by Cambridge University Press:  11 June 2009

Claudio Sardoni
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Extract

The prevailing opinion among John Maynard Keynes's interpreters is that, in writing The General Theory, Keynes ignored the other “revolution” which was taking place in Cambridge at the time, the critique of Marshallian microeconomics which led to the development of the notion of imperfect competition.

Type
Articles
Information
Journal of the History of Economic Thought , Volume 16 , Issue 1 , Spring 1994 , pp. 61 - 85
Copyright
Copyright © Cambridge University Press 1994

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References

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