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portada The end of Laissez-Faire: The Economic Consequences of the Peace
Type
Physical Book
Year
2021
Language
English
Pages
192
Format
Paperback
Dimensions
22.9 x 15.2 x 1.1 cm
Weight
0.29 kg.
ISBN13
9781773237923

The end of Laissez-Faire: The Economic Consequences of the Peace

John Maynard Keynes (Author) · Must Have Books · Paperback

The end of Laissez-Faire: The Economic Consequences of the Peace - John Maynard Keynes

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NT$ 545
NT$ 545

Synopsis "The end of Laissez-Faire: The Economic Consequences of the Peace "

In THE END OF LAISSEZ-FAIRE, Keynes presents a brief historical review of laissez-faire economic policy. Though he agrees in principle that the marketplace should be free of government interference, he suggests that government can play a constructive role in protecting individuals from the worst harms of capitalism's cycles, especially as concerns unemployment. When the Great Depression struck a few years later, this work seemed very prescient. Keynes first earned widespread prominence immediately following World War I, when he published THE ECONOMIC CONSEQUENCES OF THE PEACE. This book gained a good deal of notoriety because of its withering portraits of both French premier Georges Clemenceau and US president Woodrow Wilson. Keynes criticized the Allied victors for signing a treaty that would have ruinous consequences for Europe, if not modified as he suggested. Unfortunately, few leaders appreciated Keynes's criticisms, and he saw his worst fears realized in the rise of Hitler and the devastation of World War II. Keynes's brilliant mind and lucid writing are evident on every page. Both of these works are well worth reading for his profound knowledge of economics.
John Maynard Keynes
  (Author)
View Author's Page
John Maynard Keynes (Cambridge, 1883 – Sussex, 1946) was an influential British economist whose ideas radically transformed the theory and economic policy of the 20th century. Educated at Eton and the University of Cambridge, he was a member of the Bloomsbury Group and had a distinguished career as a civil servant, academic, and advisor to the British government. His macroeconomic theory laid the foundations for what would later be known as Keynesian economics, advocating state intervention to stabilize the economic cycle.

Among his most recognized works are The Economic Consequences of the Peace (1919), A Revision of the Treaty (1922), A Treatise on Money (1930), and The General Theory of Employment, Interest, and Money (1936), the latter considered his magnum opus. Although he did not receive formal awards in his lifetime, his legacy is immense and his influence has endured in the economic policy of numerous countries, especially after the Great Depression and World War II.
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