The General Theory of Employment, Interest, and Money

The General Theory of Employment, Interest, and Money

by John Keynes
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The General Theory of Employment, Interest, and Money by John Keynes

The General Theory of Employment, Interest and Money is Keynes' masterpiece published right after the Great Depression. It sought to bring about a revolution, commonly referred to as the "Keynesian Revolution", in the way economists thought - especially challenging the proposition that a market economy tends naturally to restore itself to full employment on its own. Regarded widely as the cornerstone of Keynesian thought, this book challenged the established classical economics and introduced new concepts. It remains a relevant topic of debate to this day, perhaps more than ever. Given the economic turmoil of recent years, this debate is more heated than ever before, between the Keynesian model of economics of Bush and Obama which favors bailouts and other government intervention to try to stabilize the market, and the Austrian school of economics which sees government intervention as detrimental and favors letting the market sort itself out on its own with minimal government interference and regulation. You decide.

Product Details

ISBN-13: 9781467934923
Publisher: CreateSpace Publishing
Publication date: 11/15/2011
Edition description: New Edition
Pages: 168
Product dimensions: 7.44(w) x 9.69(h) x 0.36(d)

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The General Theory Of Employment Interest And Money 4 out of 5 based on 0 ratings. 7 reviews.
Anonymous More than 1 year ago
Big and complex and difficult to read, but then again you probably know that before going into this technical guide to crises written by a hoity-toity perfesser from 1930's England. Not much to add that people don't already know about this book, but I do love a few of the "Governments would never be so dumb as to do this..." parts, usually referring to something done in response to the current global melt-down. (For example, internal devaluation.) Keynes: Making it clear that the world is being run by its worst people since 1936.
ByTheSeaJJ More than 1 year ago
As seen in other comments, the book is complex and difficult to read. A good critical companion reading is "Time and Money: The Macroeconomics of Capital Structure" by Roger W. Garrison. Also, as a general criticism of NookStudy, this (and most books) purchased do not allow for copying or printing, which makes referencing much more difficult. Other readers, such as VitalSource, provide these functions.
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