Want and effective demand are not the same thing. If they were, the poorest nations would be the ones to display the… — Joseph A. Schumpeter Copy Share Image
Keynes tried to show that market economies could settle in equilibrium states in which the labour market did not clear, and in… — Paul Ormerod Copy Share Image
“In the last chapter of the /General Theory, /quoted above,^35 he [Keynes] falls into the fallacy of supposing that there is some… — Joan Robinson Copy Share Image
![“In the last chapter of the /General Theory, /quoted above,^35 he [Keynes] falls into the fallacy of supposing that there is some kind of /neutral /policy that a Government can pursue, to maintain effective demand in general, without having any influence upon any particular demand for anything. The…” quote by Joan Robinson](https://sms4smile.com/quotes/img-quotes/acb/joan-robinson-11438_effective-demand_in-the-last-chapter-of-the-general-theor_783949.jpg)