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Titlebook: Cambridge Monetary Thought; The Development of S Pascal Bridel Book 1987 Palgrave Macmillan, a division of Macmillan Publishers Limited 198

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,Further Reflections on the Rate of Interest (1930–5),turers of consumption-goods. These producers then try to meet their losses by selling part of the stock of existing securities they keep as a class of assets or means of holding their wealth. By the sale of these securities they can maintain their payments to the factors of production.
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Jocelyne Bachevalier,Mortimer Mishkins the fact that ‘the theory of money [is] a special case of the general theory of value’ (1922, p. vii). Eventually Keynes emphasises approvingly in his 1924 Obituary Memoir that Marshall always taught ‘the quantity theory of money as a part of the general theory of value’ (JMK, x, p. 191, italics removed)..
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Alexandra Jackman,Lonnie Zwaigenbaume room — if any — for major improvements. Furthermore the relationship between saving and investment is geometrically in the very eye of the maelstrom Keynes started with his principle of effective demand.
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,Marshall’s Monetary Theory,s the fact that ‘the theory of money [is] a special case of the general theory of value’ (1922, p. vii). Eventually Keynes emphasises approvingly in his 1924 Obituary Memoir that Marshall always taught ‘the quantity theory of money as a part of the general theory of value’ (JMK, x, p. 191, italics removed)..
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Book 1987rest theory to Keynes‘s income adjustment process. In particular, it charts, for the first time, the various steps taken by this line of inquiry in the writings of Pigou, Hawtrey, Robertson, Lavington and Keynes.
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