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The General Theory of Employment, Interest and Money

Keynes, John Maynard

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ISBN 10: 1629100129 / ISBN 13: 9781629100128
Published by Edison Martin Imprint, 2013
Used Condition: Good
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Bibliographic Details

Title: The General Theory of Employment, Interest ...

Publisher: Edison Martin Imprint

Publication Date: 2013

Book Condition:Good

About this title

Synopsis:

The General Theory of Employment, Interest and Money was written by the English economist John Maynard Keynes. The book, generally considered to be his magnum opus, is largely credited with creating the terminology and shape of modern macroeconomics. 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.

About the Author:

John Maynard Keynes was a British economist and professor at Cambridge. He was a prolific author and lecturer and advised many governments and policy makers on economic policy. He was named by Time magazine as one of the 100 most influential people of the 20th century.

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