Buy custom Economics Lionel Robbins
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His famous dissertation Risk, Uncertainty and Profit (1921) remains one of the most interesting reads in economics even today. (History of Economic Thought. FK 2007)
In 1930, when Keynesianism started to take over in Britain, Robbins was initially opposed to Keynesâs General Theory and was the only member of the five-man Economic Advisory Council to oppose the idea...
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He sided with Austrian views that the depression was caused by under saving, which he built this concept in his paper The Great Depression (1934). Robbins views remain anti Keynesian until after World War II when he wrote The Economic Problem in Peace and War (1947) where his thought turned pro- Keynesian...
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