Skip to main content

Citation

Darity, William A., Jr. & Young, Warren (2000). Reply to Ahiakpor. History of Political Economy, 32(4), 915-918.

Abstract

James Ahiakpor has made a number of important contributions to the revisionist view of John Maynard Keynes and his economics. And, although some may agree with his interpretations, on the following we must disagree with him entirely. First, with regard to the relationship between Richard Kahn’s employment multiplier and Keynes’s expenditure multiplier: here Ahiakpor has restored the blurring of the distinction we have made between the two (see Darity andYoung 1995, 2–3). In our 1995 paper, we suggested that Keynes was more influenced by Ralph Hawtrey than by Kahn in his development of the multiplier. However,
Ahiakpor simply ignores this point altogether in his continued attempt— in paper after paper—to preserve what he sees as the validity of classical economics and its superiority over Keynes’s economics (Ahiakpor 1990, 1995, 1997).

URL

https://doi.org/10.1215/00182702-32-4-915

Reference Type

Journal Article

Year Published

2000

Journal Title

History of Political Economy

Author(s)

Darity, William A., Jr.
Young, Warren