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Cambridge School

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Cambridge School

An approach to economics usually associated with economists at the University of Cambridge, England, in the post-war period, based on the ideas of John Maynard Keynes who was professor of economics. The Cambridge School has emphasized the possibility of the failure of market forces to bring about full employment, and has advocated government intervention to stimulate investment and demand when resources are underemployed.

This approach has been further developed by Joan Robinson (1903-1983) and Nicholas Kalder (1908- ) who have stressed the difficulties associated with applying neoclassical microeconomic analysis to aggregate demand and output.



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Recipes are from the Cambridge School of Culinary Arts.
For example, while Hartman critiques Peter Laslett's classic The World We Have Lost and the Cambridge School more generally for their focus on the nuclear family, their data can be turned to verify the significance of women's late marriage, a more obvious difference than two generational households between England from 1580-1837 and other peasant cultures.
It's all a bit mysterious as are its custodians who are presumably someone called Pong, the other Young, who are possibly British and possibly something to do with the Cambridge school.
 
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