Home » Keynes General Theory of Interest: A Reconsideration by Fion Maclachlan
Keynes General Theory of Interest: A Reconsideration Fion Maclachlan

Keynes General Theory of Interest: A Reconsideration

Fion Maclachlan

Published March 4th 1993
ISBN : 9780415079341
Hardcover
208 pages
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 About the Book 

The theory of interest is one of the most controversial areas in economic theory. Keynes liquidity preference theory has been largely ignored but this study aims to show that it is worthy of reconsideration. Although the inspiration is derived fromMoreThe theory of interest is one of the most controversial areas in economic theory. Keynes liquidity preference theory has been largely ignored but this study aims to show that it is worthy of reconsideration. Although the inspiration is derived from Keynes original thoughts, the theory has been recast from the ground up, starting with more exacting definitions of liquidity and liquidity preference.