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The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes work in todays contemporary climate.
The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes work in todays contemporary climate.
Michael Cox is Director of LSE IDEAS and Professor Emeritus of International Relations at the London School of Economics. Over a long and distinguished career he has published work on the former USSR, the Cold War, US foreign policy and more recently on the reshaping of world order in the 21st century. His work on E.[...] and Carr's The Twenty Years' Crisis has only confirmed his reputation as a scholar of international standing. He is currently working on a history of the London School of Economics entitled: The School: The LSE and the Shaping of the Modern World.
Seminal text in the field
Explores the relevance of Keynes' theory 80 years since initial publication
Paul Krugman's Foreword and Robert Skidelsky's Afterword re-evaluate Keynes' revolution in economic thought and bring this text to a new generation of students
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.
| Erscheinungsjahr: | 2018 |
|---|---|
| Fachbereich: | Volkswirtschaft |
| Genre: | Recht, Sozialwissenschaften, Wirtschaft |
| Rubrik: | Recht & Wirtschaft |
| Medium: | Taschenbuch |
| Inhalt: |
xliii
404 S. |
| ISBN-13: | 9783319703435 |
| ISBN-10: | 3319703439 |
| Sprache: | Englisch |
| Herstellernummer: | 978-3-319-70343-5 |
| Einband: | Kartoniert / Broschiert |
| Autor: | Keynes, John Maynard |
| Hersteller: |
Springer
Springer International Publishing AG |
| Verantwortliche Person für die EU: | Springer Verlag GmbH, Tiergartenstr. 17, D-69121 Heidelberg, juergen.hartmann@springer.com |
| Maße: | 210 x 148 x 25 mm |
| Von/Mit: | John Maynard Keynes |
| Erscheinungsdatum: | 31.07.2018 |
| Gewicht: | 0,575 kg |