A Synthesis of the Principle of Acceleration and the Multiplier.

£300 · Offered by Maggs Bros Ltd

An early article by Samuelson, written when he was still only a graduate student at Harvard, in which he made an attempt at ‘fitting ideas that were coming to be associated with Keynes into the older framework of American business cycle theory’ (Backhouse, Founder of Modern Economics: Paul A. Samuelson. Volume I: Becoming Samuelson, 1915-1948, p. 263).

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