Source: Business Fluctuations (1952), p. 340; as cited in: Thomas Cate (2013), An Encyclopedia of Keynesian Economics, Second edition. p. 347
“Once a full-employment policy has been adopted… the economic ’system’ just on that account is significantly different. Its equilibrium position has been shifted to a rising curve of trend close to and following the employment ceiling. The conditions of stability about this new level are radically different because the region of operation is now within the less flexible and sharply non-linear range of employment saturation”
Source: The Mechanism of Economic Systems (1953), p. 128
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Arnold Tustin 18
British engineer 1899–1994Related quotes
Source: Global Shift (2003) (Fourth Edition), Chapter 16, Making a Living in Developed Countries, p. 525

Source: Anwarul Ulum, vol. 13, p. 94, Meri Sarah, p. 23
Introduction, p. vii; Partly cited in: Felix Behling et al., The Changing Worlds and Workplaces of Capitalism. 2015, p. 194
Experiments in industrial organization (1912)

Memorandum, 'The Dollar Situation: Forthcoming Discussions with U.S.A. and Canada' (4 July 1949), quoted in Correlli Barnett, The Lost Victory: British Dreams, British Realities: 1945–1950 (London: Pan, 1996), p. 353
Chancellor of the Exchequer

On Functional Finance: (1943, pg.354) http://papers.ssrn.com/sol3/papers.cfm?abstract_id=174849

'The Transition from Capitalism' in Richard Crossman (ed.), New Fabian Essays (Turnstile Press, 1952), pp. 39–40

Source: John Maynard Keynes: The Return of the Master (2009), Ch. 8 : Keynes for Today