The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

GIBSON’S PARADOX Definition & Legal Meaning

Definition & Citations:

J.M. Keynes observed a correlation between interest rates and the general price level of gold economics. At that time in history the general view that had previously been held by economists was contrary to this observation.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.