Sunday, October 25, 2015

Lars P. Syll — Did Keynes ‘accept’ the IS-LM model?


Why the IS-LM "gadget" is not a summary of the General Theory.

The post mentions that Keynes provided his own summary in a 1937 paper. Here's a link to download it.

Lars P. Syll’s Blog
Did Keynes ‘accept’ the IS-LM model?
Lars P. Syll | Professor, Malmo University

1 comment:

circuit said...

Of course Keynes accepted it.