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Books Books 1 - 10 of 16 on The whole object of the accumulation of wealth is to produce results, or potential....
" The whole object of the accumulation of wealth is to produce results, or potential results, at a comparatively distant, and sometimes at an indefinitely distant, date. Thus the fact that our knowledge of the future is fluctuating, vague and uncertain,... "
A History of Post Keynesian Economics Since 1936 - Page 31
by J. E. King - 2002 - 316 pages
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The Years of High Theory: Invention and Tradition in Economic Thought 1926-1939

G. L. S. Shackle - Business & Economics - 1967 - 328 pages
...potential results, at a comparatively distant, and sometimes at an indefinitely distant, date. Thus the fact that our knowledge of the future is fluctuating,...for the methods of the classical economic theory. By ' uncertain ' knowledge, let me explain, I do not mean merely to distinguish what is known for certain...
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Choice, Complexity and Ignorance: An Enquiry Into Economic Theory and the ...

Brian J. Loasby - Business & Economics - 1976 - 242 pages
...potential results, at a comparatively distant, and sometimes at an indefinitely distant, date. Thus the fact that our knowledge of the future is fluctuating,...consumed within a short interval of their being produced (pp. 212-13). In the light of this argument, we may conclude that the theory of exchange is a potentially...
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David Ricardo: Critical Assessments, Volume 4

John Cunningham Wood - Economics - 1991 - 224 pages
...expectations that will be fulfilled in the future. In reality, this situation is never realized. "Thus the fact that our knowledge of the future is fluctuating,...for the methods of the classical economic theory.'" The Short Period The notion of getting into equilibrium is "a metaphor based on space to explain a...
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The Joan Robinson Legacy

1991 - 284 pages
...expectations that will be fulfilled in the future. In reality, this situation is never realized. "Thus the fact that our knowledge of the future is fluctuating,...subject for the methods of the classical economic theory."21 This is in fact the criticism she consistently made as well of Sraffa and the neo-Ricardians....
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David Ricardo: Critical Assessments, Volume 4

John Cunningham Wood - Economics - 1991 - 224 pages
...expectations that will be fulfilled in the future. In reality, this situation is never realized. "Thus the fact that our knowledge of the future is fluctuating,...subject for the methods of the classical economic theory."5 The Short Period The notion of getting into equilibrium is "a metaphor based on space to...
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Thoughtful Economic Man: Essays on Rationality, Moral Rules and Benevolence

J. Gay Tulip Meeks - Business & Economics - 1991 - 160 pages
...to produce results, at a comparatively distant, and sometimes at an indefinitely distant date. Thus the fact that our knowledge of the future is fluctuating,...unsuitable subject for the methods of the classical 1 In the references to Keynes' writings, the following abbreviations will be used: GT for The General...
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John Maynard Keynes, Critical Assessment: Second series

John Cunningham Wood - Keynesian economics - 1994 - 607 pages
...or potential results, at a comparatively distant, and sometimes an indefinitely distant, date. Thus the fact that our knowledge of the future is fluctuating,...for the methods of the classical economic theory.' (CWJMK, XIV, p. 113). 3. As Asimakopulos (1985, p. 627) has pointed out, Harrod himself recognised...
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Biography of an Idea: John Maynard Keynes and the General Theory of ...

David Felix - Economic history - 1995 - 285 pages
...the "calculus of probability" and associated neoclassical economics with it in a common ban: "Thus the fact that our knowledge of the future is fluctuating,...for the methods of the classical economic theory." He proceeded to a tour of such uncertainties as "the prospect of a European war... the price of copper...
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A "second Edition" of The General Theory, Volume 1

Geoffrey Colin Harcourt, P. A. Riach - Business & Economics - 1997 - 503 pages
...understanding the world of reality because it cannot deal with the consequences of uncertainty. [T]hc fact that our knowledge of the future is fluctuating, vague and uncertain, renders wealth [and its accumulation for an indefinitely postponed future] a peculiarly unsuitable subject for the...
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Fabricating the Keynesian Revolution: Studies of the Inter-war Literature on ...

David Laidler - Business & Economics - 1999 - 380 pages
...itself. (Keynes 1937a, pp. 212-213) Keynes contrasted that view with his own position, namely, that "the fact that our knowledge of the future is fluctuating,...for the methods of the classical economic theory" (Keynes 1937a, p. 213). Fundamental uncertainty, as we would now call it, caused agents, first, to...
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