Interest and Investment

John Hicks

in A Market Theory of Money

Published in print August 1989 | ISBN: 9780198287247
Published online November 2003 | e-ISBN: 9780191596407 | DOI:
 Interest and Investment

More Like This

Show all results sharing this subject:

  • Macroeconomics and Monetary Economics


Show Summary Details


This chapter begins with a discussion of R. G. Hawtrey's monetary theory, which was rejected by Keynes. It then discusses the concepts of defensive investment and innovative investment.

Keywords: Keynes; R. G. Hawtrey; interest rate; capital investment; defensive investment; innovative investment

Chapter.  4220 words. 

Subjects: Macroeconomics and Monetary Economics

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.