Nonfiction | Business & Investing

The General Theory of Employment Interest and Money

The General Theory of Employment Interest and Money

2020-04-20 02:23:34

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2011 Reprint of 1936 edition. Full fledged Facsimile of original first U.S. edition. No changes or omissions from the original format. The General Theory of Employment, Interest and Money is generally considered to be Keynes' magnum opus, and is larg... Read more
2011 Reprint of 1936 edition. Full fledged Facsimile of original first U.S. edition. No changes or omissions from the original format. The General Theory of Employment, Interest and Money is generally considered to be Keynes' magnum opus, and is largely credited with creating the terminology and shape of modern macroeconomics. Published in February 1936 it sought to bring about a revolution, commonly referred to as the "Keynesian Revolution", in the way economists thought - especially in relation to the proposition that a market economy tends naturally to restore itself to full employment after temporary shocks. Regarded widely as the cornerstone of Keynesian thought, the book challenged the established classical economics and introduced important concepts such as the consumption function, the multiplier, the marginal efficiency of capital, the principle of effective demand and liquidity preference.


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Book Details

File size9x6x0.93inches
Print pages416
PublisherMartino Fine Books
Publication date January 1, 2011
ISBN9781891396687
autor-image
John Maynard Keynes
Author
John Maynard Keynes, 1st Baron Keynes, CB, FBA (5 June 1883 – 21 April 1946) was an English economist, whose ideas fundamentally changed the theory and practice of macroeconomics and the economic po...

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