 | G. L. S. Shackle - 1967 - 342 lapas
...December 1935, with his book complete, Keynes wrote in its Preface: A monetary economy, we shall find, is essentially one in which changing views about the...capable of influencing the quantity of employment and not merely its direction. But our method of analysing the economic behaviour of the present under... | |
 | George Lennox Sharman Shackle - 1955 - 294 lapas
...non-expectational mode of thinking; yet the dominant theme of his book is that 'A monetary economy ... is essentially one in which changing views about the...capable of influencing the quantity of employment and not merely its direction'.* The whole emphasis of the book is on the essential importance of expectations,... | |
 | A. Asimakopulos, Athanasios Asimakopulos - 1991 - 232 lapas
...linking uncertain expectations about an unknown future to current employment. 'A monetary economy ... is essentially one in which changing views about the...capable of influencing the quantity of employment and not merely its direction' (Keynes 1936: vii). Money is held not only to facilitate transactions,... | |
 | Alessandro Vercelli - 1991 - 292 lapas
...stationary equilibrium and the theory of shifting equilibrium 'meaning by the latter the theory of a system in which changing views about the future are capable of influencing the present situation' (GT, p. 293). The first point of view is that typical of classical economics, as... | |
 | Perry Anderson - 1992 - 388 lapas
...peculiar manner, technical monetary detail falls into the background. A monetary economy, we shall find, is essentially one in which changing views about the...capable of influencing the quantity of employment and not merely its direction. But our method of analysing the economic behaviour of the present under... | |
 | John Cunningham Wood - 1994 - 582 lapas
...effective demand is fixed" (CW1, p. 259). Keynes was interested in describing a "monetary economy": "one in which changing views about the future are capable of influencing the quantity of employment and not merely its direction" (CW 7, p. vii). The citation usually ends here. But the following sentences... | |
 | John Cunningham Wood - 1995 - 392 lapas
...stationary equilibrium and the theory of shifting equilibrium - meaning by the latter the theory of a system in which changing views about the future are capable of influencing the present situation. [10, p. 293] Naturally, it is these 'changing views about the future' which influence... | |
 | Charles J. Whalen - 1996 - 316 lapas
...believed he had corrected in The General Theory. A monetary economy, Keynes goes on to say in the Preface, is "essentially one in which changing views about...capable of influencing the quantity of employment and not merely its direction."24 Much later, in chapter 2 1 on "The Theory of Prices," he says a great... | |
 | David Glasner, Thomas F. Cooley - 1997 - 800 lapas
...expectations were still left out of the investigation. In his General Theory, Keynes advanced the claim that "changing views about the future are capable of influencing the quantity of employment and not merely its direction" ([1936] 1973, ül. This claim is reflected in the three major theoretical... | |
 | Hans Albert - 1998 - 344 lapas
...peculiar manner, technical monetary detail falls into the background. A monetary economy, we shall find, is essentially one in which changing views about the...capable of influencing the quantity of employment and not merely its direction. But our method of analysing the economic behaviour of the present under... | |
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A monetary economy, we shall find, is essentially one in which changing views about the future are capable of influencing the quantity of employment and not merely its direction. 
