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Opinion on the Study

In: Dennis Robertson

Author

Listed:
  • Gordon Fletcher

    (University of Liverpool Management School)

Abstract

In Chapter 2 we saw that Robertson’s first major work, A Study of Industrial Fluctuation (1915), drew on historical evidence and on continental theory to produce an explanation of the trade cycle that represented a significant departure from previous thinking in Britain. What follows is a survey of opinion on the Study as expressed by commentators over the years. There was general recognition that it represented a tremendous personal achievement for Robertson and that it gave ample testimony of his intellectual precocity. It was also given credit for introducing ideas which were unfamiliar in Britain and for drawing its authority from an appeal to the facts. Beyond that, however, views as to its precise contribution and as to the validity of its conclusions differed widely. To put the various comments in a suitable context, we begin with a fuller account of Robertson’s theory of the cycle.

Suggested Citation

  • Gordon Fletcher, 2006. "Opinion on the Study," Palgrave Macmillan Books, in: Dennis Robertson, chapter 4, pages 45-70, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59590-3_5
    DOI: 10.1057/9780230595903_5
    as

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