The General Theory of Profit Equilibrium

1. Front Matter

   Pages i-xii

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2. Introduction: The Keynesian Evolution

   • Connell Fanning, David O Mahony

   Pages 1-15

3. Keynes’s Way of Theorizing: The Marshall Connection

   • Connell Fanning, David O Mahony

   Pages 16-39

4. Foundations: Units, Expectations, Income

   • Connell Fanning, David O Mahony

   Pages 40-56

5. The Supply-Side

   • Connell Fanning, David O Mahony

   Pages 57-74

6. The Demand-Side I: Consumption

   • Connell Fanning, David O Mahony

   Pages 75-93

7. The Demand-Side II: Investment

   • Connell Fanning, David O Mahony

   Pages 94-117

8. The Rate of Interest

   • Connell Fanning, David O Mahony

   Pages 118-145

9. Profit-Equilibrium

   • Connell Fanning, David O Mahony

   Pages 146-162

10. Wages, Prices and Money

    • Connell Fanning, David O Mahony

    Pages 163-183

11. Conclusion

    • Connell Fanning, David O Mahony

    Pages 184-202

12. Back Matter

    Pages 203-220

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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.

• business
• employment
• equilibrium
• John Maynard Keynes

• National University of Ireland, Cork, Ireland

  Connell Fanning

• University College, Cork, Ireland

  David O Mahony

Author Connell Fanning: Professor Connell Fanning is Director of The Keynes Centre, a business research facility which focuses on facilitating personal professional transformation and organisational development through Transformative Thinking. He joined University College Cork in 1978 and became the Professor of Economics in 1990 in which position he served until 2015. He holds primary and masters degrees from the National University of Ireland, University College, Cork and a PhD from Cornell University, New York. He is interested in the research and application of economic ideas and methods for strategic thinking in business and also in the macroeconomic theory of the business economy. He is particularly interested in using the ideas of John Maynard Keynes about how we think and especially about the role and use of theories in the way we make sense of our world. See: http://www.connellfanning.com and http://keynes.ucc.ie