Name: The General Theory of Employment, Interest, and Money
Price: 462.00 TWD
Availability: InStock
Author: John Maynard Keynes
ISBN: 9781774642054

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

Must Have Books

Year

2021

Language

English

Pages

168

Format

Paperback

Dimensions

23.4 x 15.6 x 1.0 cm

Weight

0.27 kg.

ISBN13

9781774642054

Synopsis "The General Theory of Employment, Interest, and Money "

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, 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. You decide.

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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