Hayek and the General Theory *

IF 0.6 3区 经济学 Q4 ECONOMICS
Nicolò De vecchi
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引用次数: 11

Abstract

Abstract Hayek did not review the General Theory, but he criticized it in Profits, Interest and Investment (1939) and in part IV of The Pure Theory of Capital (1941). First, he showed that only exceptionally does greater consumption favour investment and employment. Second, he rejected Keynes's liquidity preference and maintained that only in an ‘extreme case’ might it be said that Keynes's theory of the rate of interest is valid. Although he correctly identified the gist of Keynes's theoretical innovation, his criticisms were already implicitly answered in the General Theory.
哈耶克与通论*
哈耶克没有回顾《通论》,但他在《利润、利息与投资》(1939)和《纯粹资本论》第四部分(1941)中对《通论》进行了批判。首先,他指出,只有在特殊情况下,更大的消费才有利于投资和就业。其次,他反对凯恩斯的流动性偏好,并坚持认为,只有在“极端情况”下,才可以说凯恩斯的利率理论是有效的。尽管他正确地指出了凯恩斯理论创新的要点,但他的批评已经在《通论》中得到了含蓄的回答。
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来源期刊
CiteScore
1.50
自引率
28.60%
发文量
67
期刊介绍: The European Journal of the History of Economic Thought (EJHET), a peer-reviewed journal, has quickly established itself as a leading forum for lively discussion on a wide range of issues in the history of economic thought. With contributions from both established international scholars and younger academics, EJHET is entirely pluralist and non-partisan with regard to subjects and methodologies - it does not subscribe to any particular current of thought, nor relate to any one geographic zone. The Managing Editors and Editorial Board and Advisory Board members are drawn from throughout Europe and beyond, and are committed to encouraging scholars from around the world to contribute to international research and debate.
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