----------------- HES POSTING ----------------- [Originally posted on PKT by Greg Ransom. - RBE] I haven't yet seen John Hick's claim about the inspiration of Harrod's "dynamics" in Hayek's work discussed in the literature. Any comments? John Hicks: "It is not so well known that it [Keynes's and my own move from thinking in terms of price-levels and the rate of interest to thinking in terms of inputs and outputs] is matched by a movement from Hayek to Harrod. I once asked Harrod what had put him on to the construction of his so-call 'dynamic' theory; he said, to my surprise, that it was thinking about Hayek." (J. Hicks, 1982, pp. 340-341) Greg Ransom ------------ FOOTER TO HES POSTING ------------ For information, send the message "info HES" to [log in to unmask]