Pigou's Evolution: From Critic to Advocate of Keynesian Revolution
The article discusses how Pigou's views changed in response to Keynesian economics. It compares Pigou and Keynes's ideas on unemployment, Pigou's initial reactions to Keynes's General Theory, and the criticism of the "Pigou effect" by other economists. It also explores Pigou's final thoughts on Keynes's contributions to economic theory.