John Maynard Keynes: Critical Responses, Volume 3

aggregate amount of investment analysis argument assets assume assumption banks borrowing capitalist cash chapter classical economics classical economists classical theory consumption cost demand for money depends determined effective demand efficiency of capital Einkommen entrepreneurs equal equations equilibrium Ersparnis expected expenditure fact factors factors of production fall full employment function given hoarding important industries inflation Interest and Money interest rates J. M. Keynes JOHN MAYNARD KEYNES Kalecki Keynes's Keynesian labour level of income liquidity preference liquidity-preference M₁ marginal cost marginal efficiency means ment monetary unemployment money wages money-wages orthodox output period Pigou problem profits propensity to consume proportion quantity of money rate of interest rate of investment real wages reduction relation result Ricardo rise saving schedule supply of money Theory of Employment tion Treatise on Money underemployment equilibrium Unternehmer volume of employment wage units wage-rate Wicksell yield