Keynes's General Theory, the Rate of Interest and 'Keynesian' Economics

This book argues that Keynesian economists have betrayed Keynes' theory and policy conclusions, and that the world has been misled about those policies. Keynesians have focused attention on policies for dealing with effects of economic failure as they arise, whereas Keynes was concerned with the cause and then the prevention of economic failure.

GEOFF TILY works as an economist at the Office for National Statistics, UK. He has been a member of the Government Statistical Service since 1989. He did his MSc in Economics at University College London and a PhD under the supervision of Victoria Chick.