Brazilian Journal of Political Economy (Jun 2014)

As primeiras impressões de Hicks sobre a Teoria Geral

  • Jorge Eduardo de Castro Soromenho

DOI
https://doi.org/10.1590/S0101-31572014000200010
Journal volume & issue
Vol. 34, no. 2
pp. 327 – 343

Abstract

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In this article, we present an interpretation of the Hicks' first review of Keynes's General Theory. First we analyze the influence of Hayek's theory on the work of Hicks. We show how Hicks, reflecting on the Austrian theory of the business cycle, created the concepts of "week" and temporary equilibrium. Then we discuss how the author reformulated these concepts of time and equilibrium to interpret the General Theory.

Keywords