================= HES POSTING ================= Nobel Prize winning economist John Hicks writes: "The shift in attention, in the work of Keynes, is well known; from the _Treatise_ of 1930, which in essence was a theory of prices, or price- levels, to the _General Theory_ of 1936, which was a theory of employment. It is not well known that it is matched by a movement from Hayek to Harrod. I once asked Harrod what had put him on to the construction of his so-called 'dynamic' theory; he said, to my surprise, that it was thinking about Hayek." (John Hicks, "Are There Economic Cycles?", In _Money, Interest and Wages_, pp. 340-341. Cambridge: Harvard U. Press) Can anyone supply me the context for Hicks' remarks on Harrod and Hayek? Greg Ransom Dept. of Philosophy UC-Riverside [log in to unmask] ============ FOOTER TO HES POSTING ============ For information, send the message "info HES" to [log in to unmask]