IDEAS home Printed from https://ideas.repec.org/a/elg/rokejn/v4y2016i1p56-60.html
   My bibliography  Save this article

Curried Keynesianism meets the master: Lauchlin Currie's memorandum on The General Theory for the Federal Reserve Board

Author

Listed:
  • Matías Vernengo

    (Bucknell University, USA)

Abstract

This short paper introduces Lauchlin Currie's unpublished memorandum to the Board of Governors of the Federal Reserve discussing Keynes's General Theory. The memorandum falls short of a full review of Keynes's magnum opus, but together with other published material it provides a picture of Keynesian ideas within the Fed during the Great Depression. It is suggested that Currie's views on Keynes are relevant, in particular because, contrary to what would become the dominant view, he does not think that wage or interest-rate rigidity is at the heart of the Keynesian results.

Suggested Citation

  • Matías Vernengo, 2016. "Curried Keynesianism meets the master: Lauchlin Currie's memorandum on The General Theory for the Federal Reserve Board," Review of Keynesian Economics, Edward Elgar Publishing, vol. 4(1), pages 56-60, January.
    • Handle: RePEc:elg:rokejn:v:4:y:2016:i:1:p56-60
    as

    Download full text from publisher

    File URL: http://www.elgaronline.com/abstract/journals/roke/4-1/roke.2016.01.06.xml
    Download Restriction: Restricted access
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ivan D. Velasquez, 2018. "Two Harvard Economists on Monetary Economics: Lauchlin Currie and Hyman Minsky on Financial Systems and Crises," Economics Working Paper Archive wp_917, Levy Economics Institute.

    More about this item

    Keywords

    history of thought; Keynes; Currie;
    All these keywords.

    JEL classification:

    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:rokejn:v:4:y:2016:i:1:p56-60. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Phillip Thompson (email available below). General contact details of provider: http://www.elgaronline.com/roke .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.