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Hawtrey was also the first to point out that the ' excess of saving over investment '
was simply another name for business losses . 54 On a normal definition of
income , saving and investment are necessarily equal at all levels of income .
This , his first recorded use of Kahn's article , is not included in the Collected
Writings : For example , if the Cunard were to spend three million pounds on a
new ship , the money would be found partly from savings on the dole ... partly out
What Keynes called excess saving was simply an increase in hoarding , or
decline in velocity , due to the decline of ... The fact that loss - making
businessmen were consuming less did not mean that they were adding to their
savings , as ...
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LibraryThing ReviewUser Review - yooperprof - LibraryThing
The biography as Economics textbook. For the non-specialist, the intricacies of modern economic theory can seem as arcane as medieval theology, and certainly Lord Skidelsky devotes scores of pages to ... Read full review
JOHN MAYNARD KEYNES: Vol. II, The Economist as Savior, 1920-1937User Review - Kirkus
The second installment of Skidelsky's three-volume biography of the 20th century's most influential and controversial economist. As in the superb first volume (1986)—which took Keynes (1883-1946 ... Read full review
THE ECONOMIC CONSEQUENCES OF THE
THE TRANSITION TO PEACE
KEYNESS PHILOSOPHY OF PRACTICE
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John Maynard Keynes: Fighting for Britain, 1937-1946
Robert Skidelsky,Robert Jacob Alexander Skidelsky
No preview available - 2001