A Comparison-Contrast of J. M. Keynes' Mathematical Modeling Approach in the General Theory with some of his General Theory Interpreters, especially J.E. Meade
The analysis in this paper demonstrates that J M. Keynes' original mathematical model, presented in Chapters 10, 20-21 of the General Theory, is superior, in terms of mathematical completeness and rigor, to any other model put forward since 1936 which purports to give a technical exposition of...
Saved in:
| Published in: | History of economics review Vol. 25; no. 1; pp. 129 - 158 |
|---|---|
| Main Author: | |
| Format: | Journal Article |
| Language: | English |
| Published: |
Routledge
01.01.1996
|
| ISSN: | 1037-0196, 1838-6318 |
| Online Access: | Get full text |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | The analysis in this paper demonstrates that J M. Keynes' original mathematical model, presented in Chapters 10, 20-21 of the General Theory, is superior, in terms of mathematical completeness and rigor, to any other model put forward since 1936 which purports to give a technical exposition of "What Keynes Meant". This paper covers the mathematical models of Meade, Hicks, Harrod, Patinkin, and Barro-Grossman, as well as improved versions of the Meade model offered by Darity-Cottrell and Rappoport. |
|---|---|
| ISSN: | 1037-0196 1838-6318 |
| DOI: | 10.1080/10370196.1996.11733225 |