The General Theory of Employment, Interest, and Money

The General Theory of Employment, Interest, and Money

by John Maynard Keynes, John Keynes
     
 


Keynes profoundly influenced the New Deal and created the basis for classic economic theory. “I can think of no single book that has so changed the conception held by economists as to the working of the capitalist system” (Robert L. Heilbroner). Index.
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Overview


Keynes profoundly influenced the New Deal and created the basis for classic economic theory. “I can think of no single book that has so changed the conception held by economists as to the working of the capitalist system” (Robert L. Heilbroner). Index.

Product Details

ISBN-13:
9780156347112
Publisher:
Houghton Mifflin Harcourt
Publication date:
05/28/1965
Pages:
416
Sales rank:
188,399
Product dimensions:
5.31(w) x 8.00(h) x 1.04(d)

Table of Contents

Ch. 1The General Theory3
Ch. 2The Postulates of the Classical Economics4
Ch. 3The Principle of Effective Demand23
Ch. 4The Choice of Units37
Ch. 5Expectation as Determining Output and Employment46
Ch. 6The Definition of Income, Saving and Investment52
AppUser Cost66
Ch. 7The Meaning of Saving and Investment, Further Considered74
Ch. 8The Propensity to Consume: I. The Objective Factors89
Ch. 9The Propensity to Consume: II. The Subjective Factors107
Ch. 10The Marginal Propensity to Consume and the Multiplier113
Ch. 11The Marginal Efficiency of Capital135
Ch. 12The State of Long-Term Expectation147
Ch. 13The General Theory of the Rate of Interest165
Ch. 14The Classical Theory of the Rate of Interest175
AppRate of Interest in Marshall's Principles of Economics, Ricardo's Principles of Political Economy and elsewhere186
Ch. 15The Psychological and Business Incentives to Liquidity194
Ch. 16Sundry Observations on the Nature of Capital210
Ch. 17The Essential Properties of Interest and Money222
Ch. 18The General Theory of Employment Re-Stated245
Ch. 19Changes in Money-Wages257
AppProf. Pigou's Theory of Uneployment272
Ch. 20The Employment Function280
Ch. 21The Theory of Prices292
Ch. 22Notes on the Trade Cycle313
Ch. 23Notes on Mercantilism, the Usury Laws, Stamped Money and Theories of Under-Consumption333
Ch. 24Concluding Notes on the Social Philosophy towards which the General Theory might lead372
Index385

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