The General Theory of Employment Interest and Money - Softcover

Keynes, Maynard John; Keynes, John Maynard

Softcover

ISBN 10: 1891396404 ISBN 13: 9781891396403

Publisher: Martino Fine Books, 2010

Synopsis

2010 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.

About this title

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.

Review:

'"The General Theory" is nothing less than an epic journey out of intellectual darkness. That, as much as its continuing relevance to economic policy, is what makes it a book for the ages. Read it, and marvel.' - From the introduction by Paul Krugman

About this edition

• Publisher: Martino Fine Books
• Publication date: 2010
• ISBN 10: 1891396404
• ISBN 13: 9781891396403
• Binding: Paperback
• Number of pages: 416