A Critique of John Maynard Keynes' Concept of the Propensity to Consume

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Description

It will be a part of the purpose of this paper to show that Keynesian economics treats a closed economy in a static condition while American and British society in actuality exist in open economies in a dynamic condition. In scope this paper is limited to an appraisal of the first of the main concepts of John Maynard Keynes' General Theory. That is, this paper will be concerned only with the "Theory of the Propensity to Consume" and its ramifications.

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128 leaves

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Ashby, James B. 1949.

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This thesis is part of the collection entitled: UNT Theses and Dissertations and was provided by the UNT Libraries to the UNT Digital Library, a digital repository hosted by the UNT Libraries. It has been viewed 922 times, with 8 in the last month. More information about this thesis can be viewed below.

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  • Ashby, James B.

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Description

It will be a part of the purpose of this paper to show that Keynesian economics treats a closed economy in a static condition while American and British society in actuality exist in open economies in a dynamic condition. In scope this paper is limited to an appraisal of the first of the main concepts of John Maynard Keynes' General Theory. That is, this paper will be concerned only with the "Theory of the Propensity to Consume" and its ramifications.

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128 leaves

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UNT Theses and Dissertations

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  • 1949

Added to The UNT Digital Library

  • April 23, 2012, 10:13 p.m.

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  • Oct. 23, 2013, 11:05 a.m.

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Ashby, James B. A Critique of John Maynard Keynes' Concept of the Propensity to Consume, thesis, 1949; Denton, Texas. (https://digital.library.unt.edu/ark:/67531/metadc83502/: accessed March 19, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; .

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