福斯特(William T.Foster)和克庆斯(Waddill Catchings)的工商业循环学说,自从20年代创立时起,就受到屡次分析和有力的批判。然而,自从凱恩斯經济学的兴起,人们对“凱恩斯革命”先驅者的深知灼見使日益尊重,并且运用后凱恩斯的分析工具,对他们結論背后的推理取得更好的了解。这种倾向的一部分表現便是,福斯特和克庆斯有一个論点最近巳被公认为現代經济增长学 The business cycle theory of William T. Foster and Waddill Catchings has been repeatedly analyzed and strongly criticized since its creation in the 1920s. However, since the rise of Keynesian economics, there has been a growing awareness of the insights of pioneers of the Keynesian revolution and the post-Keynesian analysis tools have been used to gain a better understanding of the reasoning behind their conclusions. Part of this tendency is that one of Forster’s and Keats’s arguments has recently been accepted as a modern economic growth theory