"Herein lies the secret of the General Theory. It is a badly written book, poorly organized; any layman who, beguiled …"

"Just as Hegel is said to have understood his philosophy for the first time when he read its French translation, Vilfr…"

"I was lucky to enter economics in 1932. Analytical economics was poised for its take-off. I faced a lovely vacuum tha…"

"The existence of analogies between central features of various theories implies the existence of a general theory whi…"

"The general method involved may be very simply stated. In cases where the equilibrium values of our variables can be …"

"In the preface to the reissue of Risk, Uncertainty and Profit, Frank Knight makes the penetrating observation that und…"

"Figure 12-6 pulls together in a simplified way the main elements of income determination. Without saving and investme…"

"I think the acceptance of "mathematical expectation of utility" or its "arithmetic mean" was an unthinking carryover …"

"Needless to say, the partial equilibrium assumptions involved in the domestic demand schedules and the neglect of agg…"

"Science is not art. Yet, despite the lack of complete identity between art and science, there is much in common among…"