The General Theory of Employment, Interest, and Money

The General Theory of Employment, Interest, and Money

by John Maynard Keynes, John Keynes

Paperback(First Edition)

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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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