Overview
Seminal text in the field
Explores the relevance of Keynes' theory 80 years since initial publication
Paul Krugman's Foreword and Robert Skidelsky's Afterword re-evaluate Keynes' revolution in economic thought and bring this text to a new generation of students
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Table of contents (24 chapters)
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Front Matter
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Introduction
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Front Matter
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The Propensity to Consume
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Front Matter
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Keywords
About this book
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.Authors and Affiliations
About the author
John Maynard Keynes (1883-1946) is one of the most influential economists of modern times. Educated at Cambridge University, he returned to teach at, and become a fellow of, Kings College, Cambridge. In 1915 Keynes joined the UK Treasury and acted as an advisor to government for many years. His ideas are now known the world over as Keynesian economics.
Bibliographic Information
Book Title: The General Theory of Employment, Interest, and Money
Authors: John Maynard Keynes
DOI: https://doi.org/10.1007/978-3-319-70344-2
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2018
Softcover ISBN: 978-3-319-70343-5Published: 31 July 2018
eBook ISBN: 978-3-319-70344-2Published: 20 July 2018
Edition Number: 1
Number of Pages: XLIII, 404
Topics: Macroeconomics/Monetary Economics//Financial Economics, International Political Economy