Titlebook: Cambridge and the Monetary Theory of Production; The Collapse of Mars Robert J. Bigg Book 1990 Palgrave Macmillan, a division of Macmillan

絆住

厚顏

Genes and Human Decision-Makingian research programme within the framework suggested by Lakatos. Even outside this methodological framework, the following sections provide, it is hoped, a concise statement of the key elements of what was Marshallian (and pre-1930s Cambridge) economics.

監(jiān)禁

Relinquish

Anticlimax

減少

Concrete

Decision-Making Under Uncertaintye cycle) within the Marshallian research programme. As was outlined in the previous chapter, subjective uncertainty is incompatible with a substantively rational theory. Marshall, as we have seen, attempted to completely objectify uncertainty in microeconomic contexts. This conforms more closely wit

Communal

https://doi.org/10.1007/978-3-642-38064-8s . (1926). The subject of the current chapter is the first algebraic presentation of Marshall’s real balances approach by Pigou (1917i)and Keynes’s (1923i)later development of that equation. Hawtrey’s nominal balances approach (as in 1919i) . also considered, since, at least in part, later work in

airborne

https://doi.org/10.1007/978-3-642-38064-8and the more independent model of Haw-trey. This can be seen as reaching a peak in Robertson’s . (1926) which is the subject of a later chapter. The current chapter deals with other elements of the story, specifically Lavington’s and Robertson’s analysis, and in particular their consideration of the

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