SOURCE: "Some Aspects of the Development Keynes's Thought," in The Journal of Economic Literature, Vol. XVI, No. 2, June, 1978, pp. 545-59.
In the following excerpt, Kahn examines Keynes's changing attitudes towards the quantity theory of money, as revealed in A Tract on Monetary Reform, A Treatise on Money, and the General Theory. The critic also discusses Keynes's views on the behavior of money wages and the causes of inflation.
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