Today’s Economic History: John Maynard Keynes on the Trade Cycle

Over at Grasping Reality: John Maynard Keynes: The General Theory of Employment, Interest and Money: 22. Notes on the Trade Cycle: “The essential character of the Trade Cycle, and, especially, the regularity of time-sequence and of duration which justifies us in calling it a cycle… …is mainly due to the way in which the marginal … Continue reading Today’s Economic History: John Maynard Keynes on the Trade Cycle