Keynes on the Sources of Economic Growth

1 June 1971

journal article
research article
Published by Cambridge University Press (CUP) in The Journal of Economic History

Vol. 31 (2) , 429-444
https://doi.org/10.1017/s0022050700090951

Abstract

The major purpose of this paper is to call attention to an article by Keynes (1937) published in Eugenics Review the year following the publication of the General Theory, and which has been neglected in the literature on Keynes. The emphasis in the General Theory is on the short-run with given resources and a given state of technology. In his Eugenics Review article, Keynes examined the effects of a changing population upon savings and investment and the level of income and employment. He was thereby led on to an approach nearer to what might be regarded as growth theory than that of the General Theory. In this sense, Keynes' 1937 article may be viewed as supplementing the General Theory.

Keywords

This publication has 1 reference indexed in Scilit:

Economic Progress and Declining Population Growth
Published by Taylor & Francis ,2018