Name: The General Theory of Employment; Interest and Money: The Keynesian Revolution
Price: 966.00 TWD
Availability: InStock
Author: John Maynard Keynes
ISBN: 9789390997732

portada The General Theory of Employment; Interest and Money: The Keynesian Revolution

The General Theory of Employment; Interest and Money: The Keynesian Revolution

Type

Physical Book

Author

John Maynard Keynes

Publisher

Chicago Review Pr

Language

English

Format

Paperback

ISBN13

9789390997732

The General Theory of Employment; Interest and Money: The Keynesian Revolution

John Maynard Keynes (Author) · Chicago Review Pr · Paperback

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Delivery: 16 Jul - 24 Jul

NT$ 966

NT$ 966

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Synopsis "The General Theory of Employment; Interest and Money: The Keynesian Revolution"

The General Theory of Employment, Interest and Money of 1936 is a book by English economist John Maynard Keynes. It caused a profound shift in economic thought, giving macroeconomics a central place in economic theory and contributing much of its terminology - the "Keynesian Revolution". It had equally powerful consequences in economic policy, being interpreted as providing theoretical support for government spending in general, and for budgetary deficits, monetary intervention and counter-cyclical policies in particular. It is pervaded with an air of mistrust for the rationality of free-market decision making. 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, 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.

John Maynard Keynes

(Author)

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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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