Abstract
The book under review is critiqued with regard to its adherence, modification, and departure from John Maynard Keynes’s position. This review is weighted to emphasizing the role of “expectation” in Keynes’s work and its role in the book under review. The review seeks to develop an interpretation of the “psychology of society” or “structural rationality” in Keynes’s work and contrasts this with the positions of the authors in the book under review. Following this Keynes’s work is advocated as being highly malleable and a corpus that can illuminate further research and policy prescription.
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