The General Theory Of Employment Interest And Money
Condition: SECONDHAND
This is a secondhand book. The jacket image is a photograph of the exact copy we have in stock. This image shows the condition of this book. Further condition remarks are below.
Condition remarks:
Book: Good
Jacket: No dust jacket
Pages: Good
Condition remarks: Condition as shown in image
Published in 1936, John Maynard Keynes's The General Theory of Employment, Interest and Money detonated like an intellectual bomb in the world of economics, forever altering the way governments and institutions understand the forces that drive — and destabilise — modern economies. Written against the backdrop of the Great Depression, the work dismantles the prevailing classical orthodoxy that markets are inherently self-correcting, arguing instead that aggregate demand is the primary driver of economic output and employment, and that government intervention is not merely permissible but essential in times of crisis. Keynes writes with the measured authority of a Cambridge don and the urgent conviction of a man who believes civilization itself is at stake, weaving together macroeconomic theory, monetary policy, and investment psychology into a seamless and formidable argument. The General Theory introduced concepts — the multiplier effect, liquidity preference, and the paradox of thrift — that remain cornerstones of economic thought to this day. Considered one of the most influential books of the twentieth century, it gave birth to an entire school of thought — Keynesian economics — that continues to shape fiscal policy worldwide. For anyone wishing to understand the intellectual foundations of modern capitalism, this is the indispensable starting point.
Author: John Maynard Keynes
Format: Paperback
Published: 1964, Macmillan & Co Ltd
Genre: Business & economics
Condition remarks:
Book: Good
Jacket: No dust jacket
Pages: Good
Condition remarks: Condition as shown in image
Published in 1936, John Maynard Keynes's The General Theory of Employment, Interest and Money detonated like an intellectual bomb in the world of economics, forever altering the way governments and institutions understand the forces that drive — and destabilise — modern economies. Written against the backdrop of the Great Depression, the work dismantles the prevailing classical orthodoxy that markets are inherently self-correcting, arguing instead that aggregate demand is the primary driver of economic output and employment, and that government intervention is not merely permissible but essential in times of crisis. Keynes writes with the measured authority of a Cambridge don and the urgent conviction of a man who believes civilization itself is at stake, weaving together macroeconomic theory, monetary policy, and investment psychology into a seamless and formidable argument. The General Theory introduced concepts — the multiplier effect, liquidity preference, and the paradox of thrift — that remain cornerstones of economic thought to this day. Considered one of the most influential books of the twentieth century, it gave birth to an entire school of thought — Keynesian economics — that continues to shape fiscal policy worldwide. For anyone wishing to understand the intellectual foundations of modern capitalism, this is the indispensable starting point.