IDEAS home Printed from https://ideas.repec.org/a/ris/actuec/v58y1982i1p61-86.html
   My bibliography  Save this article

Une question de pertinence : la Théorie Générale du temps de Keynes et aujourd’hui

Author

Listed:
  • Chick, Victoria

    (University College, London)

Abstract

The author argues that there are six key assumptions — although they are at very different levels — on which the General Theory depends. These assumptions are: (i) unemployment is the norm; (ii) there is broad price stability; (iii) the money supply is quite inelastic; (iv) the capital stock and techniques are given; (v) the population is not growing substantially; and (vi) the capital stock is 'inadequate'. These six assumptions are all grounded in the British world of the interwar period that Keynes was looking at. Had the General Theory been written against the American background of the interwar or even the postwar periods, its assumptions would have looked purely analytical, instead of both analytical and empirically relevant.

Suggested Citation

  • Chick, Victoria, 1982. "Une question de pertinence : la Théorie Générale du temps de Keynes et aujourd’hui," L'Actualité Economique, Société Canadienne de Science Economique, vol. 58(1), pages 61-86, janvier-j.
  • Handle: RePEc:ris:actuec:v:58:y:1982:i:1:p:61-86
    as

    Download full text from publisher

    File URL: http://id.erudit.org/iderudit/601014ar
    Download Restriction: no
    ---><---

    More about this item

    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:ris:actuec:v:58:y:1982:i:1:p:61-86. 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: Benoit Dostie (email available below). General contact details of provider: https://edirc.repec.org/data/scseeea.html .

    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.