Download The General Theory of Employment, Interest, and Money PDF

The General Theory of Employment, Interest, and Money

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Publisher : Springer
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ISBN 10 : 9783319703442
Pages : 404 pages
Rating : 4.9/5 (197 users)

Download or read book The General Theory of Employment, Interest, and Money PDF or another Format written by John Maynard Keynes and published by Springer. This book was released on 2018-07-20 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.


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The General Theory of Employment, Interest and Money

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Publisher : Wordsworth Classics of World Literature
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ISBN 10 : 1840227478
Pages : 576 pages
Rating : 4.7/5 (274 users)

Download or read book The General Theory of Employment, Interest and Money PDF or another Format written by John Maynard Keynes and published by Wordsworth Classics of World Literature. This book was released on 2017-03-05 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Maynard Keynes is perhaps the foremost economic thinker of the 20th century. He ranks with Adam Smith and Karl Marx; and his impact on how economics was practiced, from the Great Depression to the 1970s, was unmatched.


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Biography of an Idea

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Publisher : Routledge
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ISBN 10 : 9781351294225
Pages : 211 pages
Rating : 4.1/5 (512 users)

Download or read book Biography of an Idea PDF or another Format written by David Felix and published by Routledge. This book was released on 2017-10-19 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: The culmination of John Maynard Keynes's thought and lifework was The General Theory of Employment, Interest and Money. Here, placing it in the context of his era, David Felix examines the evolution of Keynes's theorizing. He boldly claims that The General Theory lacks logical and factual support as pure theory, but is an achievement of great statesmanship in political economy. Felix argues that Keynes's ideas have misled successive generations of students and practitioners. He suggests that a more discriminating view of his thought can reconcile Keynesian views with neoclassical theory and replace the false synthesis that dominates contemporary text-books with a truer one. Biography of an Idea devotes four chapters to an analysis of The General Theory and an examination of the economic logic of Keynes. The author disentangles the work's fundamentally simple theses from its difficult technical pre-sentation. He shows how Keynes shaped his economic model as he did as an effort to win public support for sensible policies that clashed with generally accepted beliefs of the time. Biography of an Idea is bound to be controversial due to the many cohorts of economists who have been trained in macroeconomics according to Keynes. It will be of interest and ac-cessible to intellectually curious laymen and students, and important to economists, historians, and political scientists.


Download Book Review: The General Theory of Employment, Interest and Money by John M. Keynes PDF

Book Review: The General Theory of Employment, Interest and Money by John M. Keynes

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Publisher : 50Minutes.com
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ISBN 10 : 9782808006330
Pages : 88 pages
Rating : 4.8/5 (8 users)

Download or read book Book Review: The General Theory of Employment, Interest and Money by John M. Keynes PDF or another Format written by 50MINUTES.COM, and published by 50Minutes.com. This book was released on 2018-01-04 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: It can be hard for busy professionals to find the time to read the latest books. Stay up to date in a fraction of the time with this concise guide. The General Theory of Employment, Interest and Money by John Maynard Keynes was first published in 1936, and had a lasting impact on both economic theory and state economic policies. Keynes’s primary aim was to challenge certain aspects of classical economics which were accepted as fact at the time, namely Say’s law, which states that supply will create its own demand, and the assumption that free markets automatically tend towards full employment. Keynes introduced several revolutionary concepts in this book, including effective demand, the propensity to consume, the investment multiplier and the liquidity-preference, to support his arguments in favour of greater state interventionism as a response to financial crises. This book review and analysis is perfect for: • Anyone interested in the history of economic theory, particularly macroeconomics • Anyone who wants to understand the aims of state intervention in the financial market • Students of, or anyone interested in, modern politics and economics About 50MINUTES.COM| BOOK REVIEW The Book Review series from the 50Minutes collection is aimed at anyone who is looking to learn from experts in their field without spending hours reading endless pages of information. Our reviews present a concise summary of the main points of each book, as well as providing context, different perspectives and concrete examples to illustrate the key concepts.


Download John Maynard Keynes: The General Theory of Employment, Interest and Money - Konsumfunktion und Multiplikator PDF

John Maynard Keynes: The General Theory of Employment, Interest and Money - Konsumfunktion und Multiplikator

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Publisher : GRIN Verlag
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ISBN 10 : 9783640730605
Pages : 37 pages
Rating : 4.0/5 (47 users)

Download or read book John Maynard Keynes: The General Theory of Employment, Interest and Money - Konsumfunktion und Multiplikator PDF or another Format written by Markus Figiel and published by GRIN Verlag. This book was released on 2010 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studienarbeit aus dem Jahr 2010 im Fachbereich VWL - Geldtheorie, Geldpolitik, Note: 2,0, Universität Hohenheim, Sprache: Deutsch, Abstract: Am 24. Oktober 1929, dem sogenannten "Schwarzen Freitag" brach die New Yorker Börse zusammen. Dieser folgenschwere Tag war der Beginn der "Great Depression", die den historischen Hintergrund für die "General Theory of Employment, Interest and Money" von John Maynard Keynes legte. Die Great Depression beherrschte die Jahre 1929 bis 1933, in denen die weltweite Produktion massiv einbrach und Arbeitslosigkeit ein kollektives Phänomen war. Die damals vorherrschende ökonomische Theorie der Klassiker vertraute auf die selbststabilisierenden Kräfte der Wirtschaft und propagierte Enthaltsamkeit seitens der Politik. Nach, der damals dominierenden Meinung der Klassiker, würden sinkende Löhne und Preise eine Gegentendenz auslösen, die letztendlich die Wirtschaft wieder in ihr Gleichgewicht bei Vollbeschäftigung bringt. Diese Voraussetzungen waren in der Weltwirtschaftskrise erfüllt, Preise und Löhne sanken im großen Umfang, jedoch war eine Tendenz zur Rückkehr zur Vollbeschäftigung nicht erkennbar. Keynes folgerte vor diesem Hintergrund, dass sich die in einer Krise automatisch ausgelöste Tendenz zur Rückkehr zum Gleichgewicht, wenn überhaupt vorhanden, nur sehr langsam und "schmerzhaft" vollzog. Dies verlangte, laut Keynes, nach einer neuen Theorie, die die wahren Gründe der Arbeitslosigkeit beschrieb und zugleich den Weg aus der Krise aufzeigte. Keynes leitendes Interesse bestand darin eine Theorie zu entwickeln, welche die Realität der Krise abbildete und der Wirtschaftspolitik praktische Ratschläge lieferte, wie eine Krise bewältigt werden konnte. Diese Arbeit widmet sich zwei zentralen Gegenständen der "General Theory", nämlich dem Konsum und dem Multiplikator.


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Anticipations of the General Theory?

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Publisher : University of Chicago Press
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ISBN 10 : 0226648745
Pages : 320 pages
Rating : 4.8/5 (487 users)

Download or read book Anticipations of the General Theory? PDF or another Format written by Don Patinkin and published by University of Chicago Press. This book was released on 1984-11 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the much-debated question of whether John Maynard Keynes' greatest work—The General Theory of Employment Interest and Money—was an instance of Mertonian simultaneous scientific discovery. In part I of this study, Don Patinkin argues for Keynes' originality, rejecting the claims of the Stockholm school and the Polish economist Michal Kalecki. Patinkin shows that the theoretical problems to which the Stockholm school and Kalecki devoted their attention largely differed from those of the General Theory and that, even when the problem addressed was similar, the treatment they accorded it was not part of their central messages. In the remaining parts of the book Patinkin presents a critique of Keynes' theory of effective demand and discusses Keynes' monetary theory and policy thinking, as well as the relationship between the respective developments of Keynesian theory and national income accounting in the 1930s.


Download The General Theory of Employment, Interest and Money PDF

The General Theory of Employment, Interest and Money

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Publisher : Macat Library
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ISBN 10 : 1912127903
Pages : 106 pages
Rating : 4.7/5 (279 users)

Download or read book The General Theory of Employment, Interest and Money PDF or another Format written by John Collins and published by Macat Library. This book was released on 2017-07-04 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Maynard Keynes's 1936 General Theory of Employment, Interest and Money is a perfect example of the global power of critical thinking. A radical reconsideration of some of the founding principles and accepted axioms of classical economics at the time, it provoked a revolution in economic thought and government economic policies across the world. Unsurprisingly, Keynes's closely argued refutation of the then accepted grounds of economics employs all the key critical thinking skills: analysing and evaluating the old theories and their weaknesses; interpreting and clarifying his own fundamental terms and ideas; problem solving; and using creative thinking to go beyond the old economic theories. Perhaps above all, however, the General Theory is a masterclass in problem solving. Good problem solvers identify their problem, offer a methodology for solving it, and suggest solutions. For Keynes the problem was both real and theoretical: unemployment. A major issue for governments during the Great Depression, unemployment was also a problem for classical economics. In classical economics, theoretically, unemployment would always disappear. Keynes offered both an explanation of why this was not the case in practice, and a range of solutions that could be implemented through government monetary policy.


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The General Theory of Employment, Interest and Money

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Publisher : Repro Knowledgcast Limited
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ISBN 10 : 9390997739
Pages : 278 pages
Rating : 4.7/5 (977 users)

Download or read book The General Theory of Employment, Interest and Money PDF or another Format written by John Maynard Keynes and published by Repro Knowledgcast Limited. This book was released on 2021-08-16 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.


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The Making of Keynes' General Theory

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Publisher : Cambridge University Press
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ISBN 10 : 9780521253734
Pages : 338 pages
Rating : 4.1/5 (212 users)

Download or read book The Making of Keynes' General Theory PDF or another Format written by Richard F. Kahn and published by Cambridge University Press. This book was released on 1984-05-10 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1984 book describes the development of thought, both of Keynes and others, culminating in the publication in 1936 of Keynes' General Theory of Employment, Interest and Money. As one of Keynes' close collaborators - from December 1929, when the writing of the Treatise was nearing its completion - Richard Khan provides a uniquely insightful analysis of these events. The author starts with a brief survey of the contributions influential in forming Keynes' early ideas, and moves on to explore the significance of the Quantity Theory of Money, and traces the development of Keynes' attitude towards the theory through his published books. Subsequent lectures are devoted to Keynes' Treatise on Money, and to his more popular writings as an economic adviser which marked the transition from the thinking in the Treatise to that in the General Theory which the author critically examines. The final lecture records the author's memory of his personal relationship with Keynes.


Download The General Theory of Employment, Interest and Money PDF

The General Theory of Employment, Interest and Money

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Publisher : Hassell Street Press
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ISBN 10 : 1013864743
Pages : 424 pages
Rating : 4.4/5 (647 users)

Download or read book The General Theory of Employment, Interest and Money PDF or another Format written by John Maynard 1883-1946 Keynes and published by Hassell Street Press. This book was released on 2021-09-09 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.


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Keynes

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Publisher :
Release Date :
ISBN 10 : UOM:39015049535159
Pages : 276 pages
Rating : 4.0/5 (91 users)

Download or read book Keynes PDF or another Format written by Roger Backhouse and published by . This book was released on 1999 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Roger Backhouse is to be congratulated for bringing together this collection of reviews of Keynes's General Theory, the most influential book in economics published this century. This collection shows how individuals from a wide variety of backgrounds, not just economists, tried to make sense of the book and its policy implications. It is an important addition to any library collection.' - D. E. Moggridge, author of Maynard Keynes: An Economist's Biography Keynes's General Theory of Employment, Interest and Money (published February 1936) is probably the most influential and controversial economics book of the twentieth century. In it, Keynes claimed to have undermined the foundations of orthodox economics and to have developed a radically new way of thinking about unemployment. Some (often young) economists took up Keynesan ideas with missionary zeal, whilst others (often older) were very hostile. There was also intense controversy over what Keynes was actually saying. This volume brings together 40 of the reviews published before the end of 1936, showing how a wide range of economists and political and literary figures responded to the book. It shows the variety and intensity of the reactions evoked by Keynes. Because they are all very early reviews, they ante-date the articles (notably by J. R. Hicks) that appeared early in 1937 and which provided the framework (the so-called IS-LM model) through which economists have come to interpret Keynes's ideas. We have, therefore, perspectives on Keynesian economics that are untainted by the work of subsequent interpreters. --40 early reviews of Keynes's General Theory of Employment, Interest and Money, published in newspapers, professional and academic journals, during 1936 --includes materials from inaccessible newspapers and journals --features a readable, non-technical introduction


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The General Theory of Employment, Interest & Money

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Publisher :
Release Date :
ISBN 10 : 8180942716
Pages : 359 pages
Rating : 4.2/5 (427 users)

Download or read book The General Theory of Employment, Interest & Money PDF or another Format written by and published by . This book was released on 2015 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt:


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The Essential Keynes

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Publisher : Penguin UK
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ISBN 10 : 9780141397368
Pages : 592 pages
Rating : 4.1/5 (413 users)

Download or read book The Essential Keynes PDF or another Format written by John Maynard Keynes and published by Penguin UK. This book was released on 2015-04-30 with total page 592 pages. Available in PDF, EPUB and Kindle. Book excerpt: Edited with an introduction by ROBERT SKIDELSKY 'Many of the greatest economic evils of our time are the fruits of risk, uncertainty, and ignorance' John Maynard Keynes was the most influential economist, and one of the most influential thinkers, of the twentieth century. He overturned the orthodoxy that markets were optimally self-regulating, and instead argued for state intervention to ensure full employment and economic stability. This new selection is the first comprehensive single-volume edition of Keynes's writings on economics, philosophy, social theory and policy, including several pieces never before published. Full of irony and wit, they offer a dazzling introduction to a figure whose ideas still have urgent relevance today. John Maynard Keynes (1883-1946) is widely considered to have been the most influential economist of the 20th century. His key books include The Economic Consequences of the Peace (1919); A Treatise on Probability (1921); A Tract on Monetary Reform (1923); A Treatise on Money (1930); and his magnum opus, the General Theory of Employment, Interest, and Money (1936). Robert Skidelsky is Emeritus Professor of Political Economy at Warwick. His three-volume biography of Keynes received numerous awards, including the Lionel Gelber Prize and the Council on Foreign Relations Prize.


Download General Theory Of Employment , Interest And Money PDF

General Theory Of Employment , Interest And Money

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Publisher : Atlantic Publishers & Dist
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ISBN 10 : 8126905913
Pages : 410 pages
Rating : 4.5/5 (59 users)

Download or read book General Theory Of Employment , Interest And Money PDF or another Format written by John Maynard Keynes and published by Atlantic Publishers & Dist. This book was released on 2016-04 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Maynard Keynes Is The Great British Economist Of The Twentieth Century Whose Hugely Influential Work The General Theory Of Employment, Interest And Money Is Undoubtedly The Century S Most Important Book On Economics Strongly Influencing Economic Theory And Practice, Particularly With Regard To The Role Of Government In Stimulating And Regulating A Nation S Economic Life. Keynes S Work Has Undergone Significant Revaluation In Recent Years, And Keynesian Views Which Have Been Widely Defended For So Long Are Now Perceived As At Odds With Keynes S Own Thinking. Recent Scholarship And Research Has Demonstrated Considerable Rivalry And Controversy Concerning The Proper Interpretation Of Keynes S Works, Such That Recourse To The Original Text Is All The More Important. Although Considered By A Few Critics That The Sentence Structures Of The Book Are Quite Incomprehensible And Almost Unbearable To Read, The Book Is An Essential Reading For All Those Who Desire A Basic Education In Economics. The Key To Understanding Keynes Is The Notion That At Particular Times In The Business Cycle, An Economy Can Become Over-Productive (Or Under-Consumptive) And Thus, A Vicious Spiral Is Begun That Results In Massive Layoffs And Cuts In Production As Businesses Attempt To Equilibrate Aggregate Supply And Demand. Thus, Full Employment Is Only One Of Many Or Multiple Macro Equilibria. If An Economy Reaches An Underemployment Equilibrium, Something Is Necessary To Boost Or Stimulate Demand To Produce Full Employment. This Something Could Be Business Investment But Because Of The Logic And Individualist Nature Of Investment Decisions, It Is Unlikely To Rapidly Restore Full Employment. Keynes Logically Seizes Upon The Public Budget And Government Expenditures As The Quickest Way To Restore Full Employment. Borrowing The Money To Finance The Deficit From Private Households And Businesses Is A Quick, Direct Way To Restore Full Employment While At The Same Time, Redirecting Or Siphoning Off The Funds From The Private Sector Which Caused The Over-Production Is In The First Place. Keynes S Theory Is Unquestionably Significant In Understanding Of Modern Economics. Far From Being Destructive, It Alone Has Been Responsible For Nearly 60 Years Of Growth Without A Major Depression As We Experienced Worldwide In The 1930S.While The Present Book Is Indispensable For The Students, Researchers And Teachers Of Economics, It Is Highly Useful For The General Readers Keenly Interested In Understanding Nation S Economy.


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Keynes's General Theory for Today

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Publisher : Edward Elgar Pub
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ISBN 10 : 1781009511
Pages : 237 pages
Rating : 4.9/5 (95 users)

Download or read book Keynes's General Theory for Today PDF or another Format written by Jesper Jespersen and published by Edward Elgar Pub. This book was released on 2012 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Keynes's General Theory for Today is a fine set of thoughtful and highly relevant essays. They relate several ideas of Keynes to today's happenings, putting forward modifications and extensions to take into account both short-term and long-term happenings in advanced capitalist economies. Especially useful are the investigations of Keynes's revolutionary methods of reasoning in economics, long abandoned by orthodox economists, to the great detriment of our understanding of what is happening and what may be done about it. These essays should be required reading for students, teachers and policy makers alike.' - G.C. Harcourt, University of New South Wales, Australia


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Raising Keynes

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Publisher : Harvard University Press
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ISBN 10 : 9780674246201
Pages : 720 pages
Rating : 4.4/5 (742 users)

Download or read book Raising Keynes PDF or another Format written by Stephen A. Marglin and published by Harvard University Press. This book was released on 2021-06-15 with total page 720 pages. Available in PDF, EPUB and Kindle. Book excerpt: Back to the future: a heterodox economist rewrites Keynes’s General Theory of Employment, Interest, and Money to serve as the basis for a macroeconomics for the twenty-first century. John Maynard Keynes’s General Theory of Employment, Interest, and Money was the most influential economic idea of the twentieth century. But, argues Stephen Marglin, its radical implications were obscured by Keynes’s lack of the mathematical tools necessary to argue convincingly that the problem was the market itself, as distinct from myriad sources of friction around its margins. Marglin fills in the theoretical gaps, revealing the deeper meaning of the General Theory. Drawing on eight decades of discussion and debate since the General Theory was published, as well as on his own research, Marglin substantiates Keynes’s intuition that there is no mechanism within a capitalist economy that ensures full employment. Even if deregulating the economy could make it more like the textbook ideal of perfect competition, this would not address the problem that Keynes identified: the potential inadequacy of aggregate demand. Ordinary citizens have paid a steep price for the distortion of Keynes’s message. Fiscal policy has been relegated to emergencies like the Great Recession. Monetary policy has focused unduly on inflation. In both cases the underlying rationale is the false premise that in the long run at least the economy is self-regulating so that fiscal policy is unnecessary and inflation beyond a modest 2 percent serves no useful purpose. Fleshing out Keynes’s intuition that the problem is not the warts on the body of capitalism but capitalism itself, Raising Keynes provides the foundation for a twenty-first-century macroeconomics that can both respond to crises and guide long-run policy.


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The General Theory of Profit Equilibrium

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Publisher : Palgrave Macmillan
Release Date :
ISBN 10 : 0333716698
Pages : 220 pages
Rating : 4.6/5 (166 users)

Download or read book The General Theory of Profit Equilibrium PDF or another Format written by C. Fanning and published by Palgrave Macmillan. This book was released on 1998-05-11 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Maynard Keynes's seminal The General Theory of Employment, Interest and Money remains central to economic debate over sixty years after its publication. This book shows how Keynes's masterpiece is best understood not as an attempt to tackle the immediate policy issues of this age but to extend the range of thought available to economists. Understood as such, it continues to provide the most effective framework to the central issues about the functioning of the economy. The authors offer a clear exposition of Keynes's thought and its continuing relevance for economists in academic, business and government life.