A later writer, such as Leijonhufvud, I knew to have it wrong, when he later argued the merits of Keynes's subtle intuitions and downplayed the various (identical!) mathematical versions of The General Theory. The so-called 1937 Hicks or later Hicks–Hansen IS–LM diagram will do as an example for the debate.
Paul SamuelsonRelated topics
debate diagram example general later wrongRelated quotes
Universities are an example of organizations dominated wholly by intellectuals; yet, outside pure science, they have not been an optimal milieu for the unfolding of creative talents. In neither art, music, literature, technology and social theory, nor planning have the Universities figured as originators or as seedbeds of new talents and energies.
Eric Hoffer
In recent years, hours of work have been reduced, holidays have been increased, the age of entry into employment has gone up, and above all, our general health and expectation of life as a people have markedly improved. It is a natural corollary of these changes that we should work longer and retire later.
Hugh Gaitskell
In brief, nationalism is a theory of political legitimacy, which requires the ethnic boundaries should not be cut across political ones, and, in particular, that ethnic boundaries within a given state a contingency already formally excluded by the principle in its general formulation should not separate the power holders from the rest.
Ernest Gellner
It is essential to grasp the incontestable truth that a Marxist must take cognisance of real life, of the true facts of reality, and not cling to a theory of yesterday, which, like all theories, at best only outlines the main and the general, only comes near to embracing life in all its complexity.
Vladimir Lenin
However much the various phases of the French Revolution may have modelled themselves on Roman history - the early phase on Republican virtue, the later on Imperial grandeur - the fact remains that classicism depended on a fixed and rational philosophy; whereas the spirit of the Revolution was one of change and of emotion.
Kenneth Clark
