The General Theory of Employment, Interest, and Money

The General Theory of Employment, Interest, and Money

by John Maynard Keynes, John Keynes

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Overview

Keynes profoundly influenced the New Deal and created the basis for classic economic theory. “I can think of no single book that has so changed the conception held by economists as to the working of the capitalist system” (Robert L. Heilbroner). Index.

Product Details

ISBN-13: 9780156347112
Publisher: HMH Books
Publication date: 04/28/2016
Edition description: First Edition
Pages: 416
Sales rank: 106,399
Product dimensions: 5.31(w) x 8.00(h) x 1.04(d)

About the Author


John Maynard Keynes (1883-1946) was an economist, mathematician, civil servant, educator, journalist, and a world-renowned author. His two great works, A Treatise on Money and The General Theory of Unemployment, Interest, and Money, revolutionized the study and practice of economics and changed monetary policy after World War II.

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

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