Biography

1890–1963, British economist, grad. Trinity College, Cambridge. A professor at Cambridge (1944–57), he also handled Anglo-American financial relationships during World War II and played an active part in the postwar Bretton Woods Monetary Conference. Robertson was an early associate of John Maynard Keynes, and his Banking Policy and the Price Level (1926) foreshadowed some of Keynes’s later work, especially that part dealing with the relationship between saving and investment. Later, however, Robertson became a trenchant critic of Keynesian economics. In A Study of Industrial Fluctuation (1915), Robertson’s examination of the trade cycle, he supported government intervention and assumed a strongly anti-inflationary position. He was noted for his unique ability to present abstract economic analysis in highly readable form.
See R. J. Saulnier, Contemporary Monetary Theory (1938, repr. 1970).

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