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Full Description
Lord Kahn was a leading figure in the development of modern economic theory. Not only did he play a vital role in the conception of the new theories of employment and money in the inter-war period, but he also made important contributions to the further development of monetary theory and the theories of economic growth during the last half of the twentieth century. This selection of essays illustrates the broad range of Lord Kahn's achievement, from the path-breaking 'multiplier' article to a recent essay on the growth of corporate firms. It brings together both papers previously published in academic journals and papers published elsewhere, including his important evidence to the Radcliffe Committee and two radio talks on Lord Keynes.
Contents
1. The relation of home investment to unemployment; 2. The dollar shortage and devaluation; 3. Monetary policy and the balance of payments; 4. Some notes on liquidity preference; 5. Full employment and British economic policy; 6. Lord Keynes and contemporary economic problems; 7. Memorandum of evidence submitted to the Radcliffe Committee; 8. The pace of development; 9. Exercises in the analysis of growth; 10. Notes on the rate of interest and the growth of firms.
