Theoretical framework restates the determinants of interest, investment, and aggregate output in economic systems, highlighting the central role of uncertainty in driving employment fluctuations.
I. Comments on the four discussions in the previous issue of points in the General Theory, 209. — II. Certain definite points on which the writer diverges from previous theories, 212. — The theory of interest restated, 215. — Uncertainties and fluctuations of investment, 217. — III. Demand and Supply for output as a whole, 219. — The output of capital goods and of consumption, 221.
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John Maynard Keynes (1937) studied this question.
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