John Maynard Keynes: A Biography, Volume 2"Hopes Betrayed" establishes Keynes' historical setting and explains what turned him into a radical economist. Keynes' story is not just that of a revolution in economic theory, but also part of the story of the evolution of modern government. |
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Page 63
... existing property rights on two grounds . Redistribution of wealth would make no real difference to the poor , since they greatly outnumbered the rich . But , in addition , it would ' considerably reduce in numbers those who could enjoy ...
... existing property rights on two grounds . Redistribution of wealth would make no real difference to the poor , since they greatly outnumbered the rich . But , in addition , it would ' considerably reduce in numbers those who could enjoy ...
Page 203
... existing level of prices and wages . The policy can only attain its end by intensifying unemployment without limit , until the workers are ready to accept the necessary reduction of money wages under the pressure of hard facts ...
... existing level of prices and wages . The policy can only attain its end by intensifying unemployment without limit , until the workers are ready to accept the necessary reduction of money wages under the pressure of hard facts ...
Page 279
... existing wealth without any necessary effects on the volume of consump- tion . " This is highly classical - money as such cannot affect the volume of real demand . On 1 June , Keynes reported to Lydia that ' Dennis and I have at last ...
... existing wealth without any necessary effects on the volume of consump- tion . " This is highly classical - money as such cannot affect the volume of real demand . On 1 June , Keynes reported to Lydia that ' Dennis and I have at last ...
Contents
THE ECONOMIC CONSEQUENCES OF THE | 1 |
THE TRANSITION TO PEACE | 31 |
KEYNESS PHILOSOPHY OF PRACTICE | 56 |
Copyright | |
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adjustment April argument ballet Bank of England bank rate believe Bloomsbury Britain British Cambridge capital cent chapter classical Committee consumption currency Dadie Rylands deflation Dennis Robertson depression Duncan Grant economists equilibrium exchange exports Falk finance fluctuations friends full employment German gold standard Harrod Hawtrey Hayek Henderson Ibid ideas income increase industry inflation influence intellectual interest rate JMK's Joan Robinson John Maynard Keynes Kahn Keynes wrote Keynes's Keynes's theory Keynesian Keynesian Revolution King's Labour lectures letter Liberal Lloyd George logic London Lydia Lydia Lopokova Lytton Strachey ment Milo Keynes mind money wages Montagu Norman Nation never November October output Party Pigou political pre-war price level probability problem production profits rate of interest real wage reduce reparations Richard Kahn Robertson saving and investment slump social stabilisation started Strachey thought Tilton trade Treasury Vanessa Virginia Woolf writing