The General Theory Of Employment Interest And Money

The General Theory Of Employment Interest And Money

by John Maynard Keynes
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The General Theory Of Employment Interest And Money by John Maynard Keynes

2011 Reprint of 1936 edition. Full fledged Facsimile of original first U.S. edition. No changes or omissions from the original format. The General Theory of Employment, Interest and Money is generally considered to be Keynes' magnum opus, and is largely credited with creating the terminology and shape of modern macroeconomics. Published in February 1936 it sought to bring about a revolution, commonly referred to as the "Keynesian Revolution", in the way economists thought - especially in relation to the proposition that a market economy tends naturally to restore itself to full employment after temporary shocks. Regarded widely as the cornerstone of Keynesian thought, the book challenged the established classical economics and introduced important concepts such as the consumption function, the multiplier, the marginal efficiency of capital, the principle of effective demand and liquidity preference.

Product Details

ISBN-13: 9781891396687
Publisher: Martino Fine Books
Publication date: 01/26/2011
Edition description: New Edition
Pages: 416
Product dimensions: 6.00(w) x 9.00(h) x 0.93(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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