Keynes’s General Theory
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Keynes’s General Theory

Seventy-Five Years Later

Edited by Thomas Cate

This volume, a collection of essays by internationally known experts in the area of the history of economic thought and of the economics of Keynes and macroeconomics in particular, is designed to celebrate the 75th anniversary of the publication of The General Theory.
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Chapter 14: Interest and Profit

John Smithin

Extract

14. Interest and profit John Smithin1 INTRODUCTION What is the relationship between interest and profit? This question is more likely to arise in the heterodox economic literature, for example, in ‘Post Keynesian’ economics (Davidson 1996; Mongiov...

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