Economics in the Long Run

Though preoccupied with the immediate problems of the Great Depression, the generation of economists that came to the forefront in the 1930s also looked ahead to the long-term consequences of the crisis. Theodore Rosenof examines the long-run theories and legacies of four of the leading members of this generation: John Maynard Keynes, Alvin Hansen, Gardiner Means and Joseph Schumpeter.