...Keynes' break with "the classical view" was less than complete was evident in his remark that if: our central controls succeed in establishing an aggregate...classical theory comes into its own again from this point onwards.32 "Economic Development": JA Sckumpeter Schumpeter's definitions of types of unemployment...

...particular, is peculiar to a less-than-full employment equilibrium, Keynes explicitly recognized that 'if our central controls succeed in establishing an aggregate...classical theory comes into its own again from this point onwards'.21 The analysis of this chapter has shown that this claim can be extended beyond the static...

...loyalties always lay. Keynes himself endorsed it in the General Theory (JMK, vn, pp. 378-9): if our central controls succeed in establishing an aggregate...comes into its own again from this point onwards. If we suppose the volume of output to be given, ie to be determined by forces outside the classical...

...germ of the synthesis can be found in a controversial passage by Keynes (1936, pp. 37S-9): 3 If our central controls succeed in establishing an aggregate...comes into its own again from this point onwards. If we suppose the volume of output to be given, ie to be determined by forces outside the classical...

...General Theory) stating clearly his preference for free markets over detailed planning: 'But if our central controls succeed in establishing an aggregate...output corresponding to full employment as nearly as it is practicable, the classical theory comes into its own again from this point onwards' (Keynes 1973:...

...for "the State" to accept responsibility for invoking "central controls" in order to help establish "an aggregate volume of output corresponding to full employment, as nearly as practicable."18 Keynes's analysis anticipates a private sector shortfall in generating sufficient consumption...

...clear priority was jobs and the production of useful things for a rational and peaceable world, for "establishing an aggregate volume of output corresponding to full employment as nearly as is practicable."13 Keynes's use of wage-units, the wage of unskilled labor and hours of common labor-time,...

...the theory of an economy with involuntary unemployment — a theory built in such a way that "if our central controls succeed in establishing an aggregate...comes into its own again from this point onwards" (1936, p. 378). (i) Anti-atomism: the characteristic of a reasonable argument is its ability to gain...

...in Operai e Stato. 12. See RF Harrod, The Lift of John Maynard Krynes, pp. 375ff. 1 1 . "But if our central controls succeed in establishing an aggregate...classical theory comes into its own again from this point on" (Keynes, The General Thtory of Employment, Interest and Monry, p. 378), 1 4. In hts essay "Newton...

...bluntly, that demand creates its own supply. You yourself wrote in The General Theory that "... if our central controls succeed in establishing an aggregate...the classical theory comes into its own again from that point onwards." I hope that I do not seem immodest in calling attention to the point, but I am...