The General Theory of Employment, Interest, and Money / Edition 1

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As a memorial to Lord Keynes, The Royal Economic Society has published his Collected Writings. Volumes not listed appear in hardcover only.
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Product Details

  • ISBN-13: 9781573921398
  • Publisher: Prometheus Books
  • Publication date: 5/28/1997
  • Series: Great Minds Series
  • Edition description: Reprint
  • Edition number: 1
  • Pages: 411
  • Sales rank: 449,608
  • Product dimensions: 5.54 (w) x 8.50 (h) x 0.93 (d)

Meet the Author

John Maynard Keynes (1883-1946) was an economist, mathematician, civil servant, educator, journalist, and a world-renowned author. His two great works, A Treatise on Money and The General Theory of Unemployment, Interest, and Money, revolutionized the study and practice of economics and changed monetary policy after World War II.

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Table of Contents

Ch. 1 The General Theory 3
Ch. 2 The Postulates of the Classical Economics 4
Ch. 3 The Principle of Effective Demand 23
Ch. 4 The Choice of Units 37
Ch. 5 Expectation as Determining Output and Employment 46
Ch. 6 The Definition of Income, Saving and Investment 52
App User Cost 66
Ch. 7 The Meaning of Saving and Investment, Further Considered 74
Ch. 8 The Propensity to Consume: I. The Objective Factors 89
Ch. 9 The Propensity to Consume: II. The Subjective Factors 107
Ch. 10 The Marginal Propensity to Consume and the Multiplier 113
Ch. 11 The Marginal Efficiency of Capital 135
Ch. 12 The State of Long-Term Expectation 147
Ch. 13 The General Theory of the Rate of Interest 165
Ch. 14 The Classical Theory of the Rate of Interest 175
App Rate of Interest in Marshall's Principles of Economics, Ricardo's Principles of Political Economy and elsewhere 186
Ch. 15 The Psychological and Business Incentives to Liquidity 194
Ch. 16 Sundry Observations on the Nature of Capital 210
Ch. 17 The Essential Properties of Interest and Money 222
Ch. 18 The General Theory of Employment Re-Stated 245
Ch. 19 Changes in Money-Wages 257
App Prof. Pigou's Theory of Uneployment 272
Ch. 20 The Employment Function 280
Ch. 21 The Theory of Prices 292
Ch. 22 Notes on the Trade Cycle 313
Ch. 23 Notes on Mercantilism, the Usury Laws, Stamped Money and Theories of Under-Consumption 333
Ch. 24 Concluding Notes on the Social Philosophy towards which the General Theory might lead 372
Index 385
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