Name: the general theory of employment, interest and money
Price: 840.00 TWD
Availability: InStock
Author: John Maynard Keynes
ISBN: 9780984061402

portada the general theory of employment, interest and money

the general theory of employment, interest and money

Type

Physical Book

Author

John Maynard Keynes

Publisher

Signalman Publishing

Year

2009

Language

English

Pages

264

Format

Paperback

Dimensions

25.4 x 20.3 x 1.4 cm

Weight

0.53 kg.

ISBN

0984061401

ISBN13

9780984061402

Synopsis "the general theory of employment, interest and money"

From one of the most influential economists of the modern era, Keynes and his "General Theory" shaped economic thought and government policies for decades to come. Out of this magnum opus arose the Keynesian school of economics. Keynes argues that the level of employment in a modern economy was determined by three factors: the marginal propensity to consume (income that people chose to spend on goods and services), the marginal efficiency of capital (the rate used to see whether investments are worthy) and the rate of interest. This work has enormous implications to the present day in understanding the policies and that have shaped the current environment. "The General Theory is nothing less than an epic journey out of intellectual darkness. That, as much as its continuing relevance to economic policy, is what makes it a book for the ages. Read it, and marvel." - Paul Krugman, Professor of Economics, winner of the 2008 Nobel prize in 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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