The general theory of employment, interest and money
Author(s)
Bibliographic Information
The general theory of employment, interest and money
(The collected writings of John Maynard Keynes, v. 7)
Macmillan , Cambridge University Press for the Royal Economic Society, 1973
- : uk, hbk
- : us, hbk
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Note
First published in 1936
Includes bibliographical references and index
Description and Table of Contents
- Volume
-
: uk, hbk ISBN 9780333107294
Description
'...among the glories of modern publishing...edited with exemplary authority and lack of fuss...' - London Review of Books This definitive edition contains all Keynes's published writings, including less accessible articles and letters to the press, as well as previously unpublished speeches, government memoranda and minutes, drafts and economic correspondence. No other writer in this century has done more than Maynard Keynes to change the ways in which economics is taught written. No other economist has done more to change the ways in which nations conduct their economic and financial affairs. The Collected Writings are indispensable to all economists. They are a vital reference work for students, academics and professionals alike.
- Volume
-
: us, hbk ISBN 9780521220996
Description
In 1936 Keynes published the most provocative book written by any economist of his generation. The General Theory, as it is known to all economists, cut through all the Gordian Knots of pre-Keynesian discussion of the trade cycle and propounded a new approach to the determination of the level of economic activity, the problems of employment and unemployment and the causes of inflation. Arguments about the book continued until his death in 1946 and still continue today. Despite all that has been written in the subsequent years, Keynes and his book still represent the turning point between the old economics and the new from which each generation of economists needs to take its inspiration.
Table of Contents
- Part I. Introduction: 1. The general theory
- 2. The postulates of the classical economics
- 3. The principle of effective demand
- Part 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
- Part 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
- Part 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
- Part V. Money-wages and Prices: 19. Changes in money-wages
- 20. The employment function
- 21. The theory of prices
- Part 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.
by "Nielsen BookData"