Keynes's general theory, the quantity theory of money and monetary policy
- Edward Elgar Publishing
- Publication Type:
- Keynes's general theory: Seventy-five years later, 2012, 1, pp. 127 - 157
- Issue Date:
Thirty-five years after the publication of Keynes's General Theory, Harry Johnson examined what appeared at the time to be the end of the 'Keynesian Revolution'. In that paper, Johnson (1971) examined not only the conditions under which Keynes's General Theory had transformed thinking in the 1930s and 1940s about the operation and management of the macroeconomy, he also considered the conditions under which that transformation was in the process of being superseded.
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