Cambridge, England, or Cambridge, Tasmania? Some Recent Excavations of the Giblin Multiplier

Abstract

The paper publishes some previously neglected investigations of the multiplier concept by Giblin and Brigden in 1929. It contrasts their 1929 conception of the multiplier with the theoretical machinery of the General Theory. It shows that while developing this machinery Keynes twice parried Giblin’s attempt to air with him the multiplier concept.