“A Note on the Development of the Doctrine of ‘Forced Saving’.” Quarterly Journal of Economics 47 (November 1932): 123–133.

Excerpt:

“The enhanced interest in the problem of “forced saving,” due to recent developments in the theory of industrial fluctuations, has led to the discovery of so many more or less distinct allusions to that subject in the works of earlier writers that the sketch of the development of that doctrine, which I attempted in the first chapter of my Prices and Production, has rapidly become out of date. Since, in addition to the several early references to this problem which have recently been noticed by other writers, I have now discovered what is, perhaps, their common source, it may be worthwhile to redraw my previous sketch of the development of this doctrine.”

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