jancancook
Posts : 1136
Join date : 2011-01-02
 |  Subject: The multiplier dates to work in the 1890s by the Australian  Sun Mar 27, 2011 1:11 am | |
| The multiplier dates to work in the 1890s by the Australian economist Alfred De Lissa, the Danish economist Julius Wulff, and the German American economist Nicholas Johannsen,[8] the latter being cited in a footnote of Keynes.[9] Nicholas Johannsen also proposed a theory of effective demand in the 1890s. The paradox of thrift was stated in 1892 by John M. Robertson in his The Fallacy of Savings, in earlier forms by mercantilist economists since the 16th century, and similar sentiments date to antiquity:[10][11] Today these ideas, regardless of provenance, are referred to in academia under the rubric of "Keynesian economics", due to Keynes's role in consolidating, elaborating, and popularizing them. Mydomain couponinternational sim card | |
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