EH.Net Mailing List Archive: HES

HES: RE: QUERY--Keynes Quote

Berdell, John (JBERDELL at depaul.edu)

Wed Sep 13 15:00:00 EDT 2006

Could this be Hayek (rather than Keynes)?  
  
Prices and Production p.127 (second revised ed. 1935)  
  
"...the task of monetary theory is a much wider one than is commonly  
assumed; that its task is nothing less than to cove a second time the  
whole field which is treated by pure theory under the assumption of  
barter, and to investigate what changes in the conclusion of pure theory  
are made necessary by the introduction of indirect exchange."  
  
John Berdell