The General Theory of Employment, Interest, and Money

by John Maynard Keynes CB Fba

Overview

In 1936 Keynes published the most provocative book written by any economist of his generation. Arguments about the book continued until his death in 1946 and still continue today. This new edition, published 70 years after the original, features a new introduction by Paul Krugman which discusses the significance and continued relevance of "The General Theory,"

Product Details

ISBN-13:	9789650060251
Publisher:	Beta Nu Publishing
Publication date:	07/18/2008
Pages:	240
Sales rank:	975,540
Product dimensions:	7.44(w) x 9.69(h) x 0.51(d)

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.

Table of Contents

Preface by John Maynard Keynes

Preface to the German Edition

Preface to the Japanese Edition

Preface to the French Edition

Introduction by Paul Krugman

Book I Introduction

1 The General Theory

2 The Postulates of the Classical Eco

3 The Principle of Effective Demand

Book II Definitions and Ideas

4 The Choice of Units

5 Expectation as Determining Output and Employment.

6 The Definition of Income, Saving and Investment.

7 The Meaning of Saving and Investment Further Considered

Book III The Propensity to Consume

8 The Propensity to Consume: I. The Objective Factors

9 The Propensity to Consume: II. The Subjective Factors

10 The Marginal Propensity to Consume and the Multiplier

Book IV The Inducement to Invest

11 The Marginal Efficiency of Capital

12 The State of Long-Term Expectation

13 The General Theory of the Rate of Interest

14 The Classical Theory of the Rate of Interest

15 The Psychological and Business Incentives to Liquidity

16 Sundry Observations on the Nature of Capital

17 The Essential Properties of Interest and Money

18 The General Theory of Employment Re-Stated

Book V Money-wages and Prices

19 Changes in Money-wages

20 The Employment Function

21 The Theory of Prices.- Book VI Short Notes Suggested by the General Theory

22 Notes on the Trade Cycle

23 Notes on Mercantilism, The Usury Laws, Stamped Money and Theories Of Under-Consumption

24 Concluding Notes on the Social Philosophy Towards which the General Theory Might Lead

Afterword by Robert Skidelsky

Editorial Reviews

'"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

From the Publisher