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100			_aKonar, Arup Kanti _921859
245			_aOriginator of Macroeconomic Hydraulics _cKonar, Arup Kanti
260			_aNew Delhi _bMr. Satya Gilani on behalf of Associated Management Consultants (P) Ltd., _cJanuary 6, 2016
500			_aMacroeconomic hydraulics or hydraulic macroeconomic model is still being constructed and reconstructed in order to satisfy different purposes. The intensity of such construction and reconstruction was spectacular after the publication of The General Theory (1936) by John Maynard Keynes. Owing to its "revolutionary nature," The General Theory has converted "Keynes" into "Keynesian revolution" and "Keynesianism". The diverse versions of Keynesianism have been classified byCoddington (1976, 1983) into the three categories: (a) Hydraulic Keynesianism, (b) Fundamentalist Keynesianism, and (C) Reconstituted Reductionism (or Disequilibrium Keynesianism). by analogy of "hydraulic Keynesians, " Philips (1950) constructed hydraulic macroeconomic model, and later on, with the collaboration of Newlyn, Philips also constructed the Newlyn-Philips real hydraulic machine. But the question is - who is the originator of the hydraulic macroeconomic model? Some literatures indicate that an American economic Irving Fisher was the inventor of hydraulic macroeconomic model. The present paper sheds light on this area.
650			_aFisher, Keynesianism, Newllyn, Philips _921860
773	0		_029162 _956628 _aGilani, S. _dNEW DELHI ARTHSHASTRA INDIAN JOURNAL OF ECONOMICS AND RESEARCH 2012 _o5555467 _tARTHSHASTRA INDIAN JOURNAL OF ECONOMICS AND RESEARCH _x2278-1811
942			_2ddc _cJA-ARTICLE
999			_c43098 _d43098