Hicks mistakenly credits Keynes for coining ‘liquidity’, 1962
Michael Beggs | July 23, 2019
In June 1962, John Hicks devoted his Royal Economic Society Presidential Address to the concept of ‘liquidity’. Whereas many terms of economics were drawn from practical commercial life, he believed ‘liquidity’ was a rare example of traffic in the other direction. A piece of theoretical [...]
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