作者:GERRARD, B
摘要:Mainstream interpretations of Keynes's General Theory are surveyed. An alternative post-classical interpretation is proposed. Keynes is interpreted as treating classical theory as the valid theory of allocation but this type of theory is of limited relevance for macro analysis. The productive sector is characterised by the utilisation mode of activity regulated by the non-allocative multiplier process. However the financial sector is allocative and Keynes proposed the allocative theory of liqu...
作者:EICHENBAUM, M
作者单位:National Bureau of Economic Research; Federal Reserve System - USA; Federal Reserve Bank - Chicago