Understanding Keynes’ General Theory

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Release : 2009-01-15
Genre : Business & Economics
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Book Rating : 85X/5 ( reviews)

Understanding Keynes’ General Theory - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Understanding Keynes’ General Theory write by B. Sheehan. This book was released on 2009-01-15. Understanding Keynes’ General Theory available in PDF, EPUB and Kindle. This book is a comprehensive guide for those seeking to fully understand Keynes' General Theory of Employment, Interest and Money , and especially those approaching the work for the first time. It also highlights Keynes' important policy insights. This book is an essential introduction to Keynes' most influential text.

The General Theory of Employment, Interest, and Money

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Release : 2018-07-20
Genre : Business & Economics
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Book Rating : 447/5 ( reviews)

The General Theory of Employment, Interest, and Money - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The General Theory of Employment, Interest, and Money write by John Maynard Keynes. This book was released on 2018-07-20. The General Theory of Employment, Interest, and Money available in PDF, EPUB and Kindle. 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.

Raising Keynes

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Release : 2020-07-14
Genre : Business & Economics
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Book Rating : 027/5 ( reviews)

Raising Keynes - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Raising Keynes write by Stephen A. Marglin. This book was released on 2020-07-14. Raising Keynes available in PDF, EPUB and Kindle. 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.

Understanding Keynes

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Release : 1981
Genre : Biography & Autobiography
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Understanding Keynes - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Understanding Keynes write by John Fender. This book was released on 1981. Understanding Keynes available in PDF, EPUB and Kindle.

Keynes's General Theory for Today

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Release : 2012-01-01
Genre : Biography & Autobiography
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Book Rating : 52X/5 ( reviews)

Keynes's General Theory for Today - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Keynes's General Theory for Today write by Jesper Jespersen. This book was released on 2012-01-01. Keynes's General Theory for Today available in PDF, EPUB and Kindle. ÔAt a time of renewed interest in Keynes, this volume provides an illuminating and forward-looking collection of papers. They explain the meaning of KeynesÕs great contribution and also show how that contribution can be developed further for application to modern economic policy issues. Most important, the papers explain the ways in which KeynesÕs methodological approach is so different from that which continues to dominate mainstream economics and how productive it would be if that approach were applied to our modern experience.Õ Ð Sheila Dow, University of Stirling, UK ÔThis book celebrates the 75th anniversary of KeynesÕs General Theory, which has proved yet again to be an endless source of inspiration. These authors take The General Theory as a point of departure from which to address the problems of today from fresh perspectives. This volume is indeed Keynes for today Ð and tomorrow.Õ Ð Victoria Chick, University College London, UK ÔKeynesÕs General Theory for Today is a fine set of thoughtful and highly relevant essays. They relate several ideas of Keynes to todayÕs 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 KeynesÕs 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.Õ Ð G.C. Harcourt, University of New South Wales, Australia The themes of this important new volume were chosen to mark the 75th anniversary of the publication of The General Theory of Employment, Interest and Money. The distinguished authors concentrate on the relevance of this seminal publication for macroeconomic theory, method and the politics of today. This is particularly pertinent as similarities with the 1930s are striking in terms of unemployment, low growth, financial fragility and the European monetary union resembling the gold standard. Illustrating new ways of understanding the importance of uncertainty in macroeconomics, particularly in view of the importance of finance and balance of payments imbalances within a monetary union, this book will prove a stimulating and challenging read for academics, researchers and students of macroeconomics, heterodox economics, and the methodology and history of economic thought.