Name: The General Theory Of Employment, Interest And Money
Price: 1559.00 TWD
Availability: InStock
Author: John Maynard Keynes
ISBN: 9789394924239

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

Sanage Publishing House

Language

English

Pages

380

Format

Hardcover

Dimensions

21.6 x 14.0 x 2.5 cm

Weight

0.63 kg.

ISBN13

9789394924239

Synopsis "The General Theory Of Employment, Interest And Money "

The General Theory of Employment, Interest and Money is a book by English economist John Maynard Keynes and is generally considered to be Keynes' magnum opus, and is largely credited with creating the terminology and shape of modern macroeconomics. The General Theory of Employment, Interest and Money 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. Keynes denied that an economy would automatically adapt to provide full employment even in equilibrium, and believed that the volatile and ungovernable psychology of markets would lead to periodic booms and crises. The General Theory is a sustained attack on the classical economics orthodoxy of its time. It introduced the concepts of the consumption function, the principle of effective demand and liquidity preference, and gave new prominence to the multiplier and the marginal efficiency of capital.

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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