Leijonhufvud — Cont’d
10 July 2006 at 8:48 am Nicolai Foss Leave a comment
| Nicolai Foss |
Apropos my earlier post on the work of Axel Leijonhufvud and what it meant for me personally, I just came across this amusing keynote speech, “My Keynesian Education,” by Robert Lucas to the 2003 History of Political Economy Conference: “I remember when Leijonhufvud’s book came out and I asked my colleague Gary Becker if he thought Hicks had got the General Theory right with his IS-LM diagram. Gary said, ‘Well, I don’t know, but I hope he did, because if it wasn’t for Hicks I never would have made any sense out of that damn book.’ That’s kind of the way I feel too, so I’m hoping Hicks got it right” (pp. 12-13).
Organizations and Markets 
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