The Crisis in Keynesian Economics [by] Sir John Hicks

appear auto-economy boom cardinal utility changes in money choice closed economy comparative statics consumption consumption function costs demand-pull desired stock discussing economists effect efficiency of capital expansion expected fairly fall in stocks firm fixprice commodities fixprice markets flexprice markets flexprice system happen Hicks holding money house-building important income increase in investment industries inflationary equilibrium investment expenditure JOHN HICKS Keynes theory Keynes's Keynesian economics Keynesian policies labour market labour scarcity lectures less level of stocks liquid assets liquidity preference long rate marginal efficiency materials matter ment modities monetary policy money balance money supply money wages nevertheless normal open economy overdraft sector particular Phillips position produced question rate of interest real wages reserves rise in wages rows running assets sense shortage speculative markets speculative motive stage sticky stocks of bricks suppose surely surplus stocks theorem theory of money things transactions demand unemployment Value and Capital wage-theorem wage-units