Questia - New Toy

[Kathleen E. Miller]

At 11:06 AM 7/24/2003 -0400, Fred Shapiro wrote:
>What's the earliest on Questia for "what goes around comes around"?  (My
>access to Questia has lapsed.)

Interpreting Mr Keynes: The Is-Lm Enigma
Book by Warren Young; Westview Press, 1987, page ix.

"There is an old African saying to the effect that 'what goes around, comes
around'. This adage applies to most branches of knowledge, but it is
especially apt regarding Methodenstreit in modern economic thought. Perhaps
the most puzzling controversy involves the IS -LM approach and its relation
to Keynes General Theory. For, if one takes the recent attack on IS -- LM
made by Kahn in his book The making of Keynes's General Theory at face
value, it would seem that the debate over the representation of Keynes's
model of macroeconomic behaviour has come full circle: from Keynes's
somewhat ambivalent stance on Hicks's IS -- LM representation, to Kahn's
absolute rejection of it almost fifty years later."


Kathleen E. Miller
Research Assistant to William Safire
The New York Times