The Collected Writings of John Maynard Keynes: The General Theory of Employment,

The Collected Writings of John Maynard Keynes: The General Theory of Employment, Interest and Money, Vol. 7

$22.00
Skip to product information
The Collected Writings of John Maynard Keynes: The General Theory of Employment,

The Collected Writings of John Maynard Keynes: The General Theory of Employment, Interest and Money, Vol. 7

$22.00

A pivotal volume in the study of economics, this is Volume 7 of the comprehensive 'Collected Writings of John Maynard Keynes', featuring his groundbreaking work, 'The General Theory of Employment, Interest and Money'. This particular volume represents the first printing of 'The General Theory' within the collected edition, published in 1973 by the Royal Economic Society. 'The General Theory of Employment, Interest and Money' is universally considered John Maynard Keynes's magnum opus and is largely credited with forging the terminology and fundamental structure of modern macroeconomics. Its publication instigated a profound shift, famously known as the "Keynesian Revolution," by challenging the then-prevailing classical economic belief that a market economy naturally self-corrects to full employment following temporary shocks. Widely regarded as the cornerstone of Keynesian thought, 'The General Theory' introduced and rigorously developed crucial concepts such as the consumption function, the multiplier, the marginal efficiency of capital, the principle of effective demand, and liquidity preference. John Maynard Keynes (1883-1946) was an eminent British economist whose ideas have profoundly influenced modern macroeconomic theory and practice, as well as governmental economic policies worldwide. He significantly advanced earlier theories on the causes of business cycles and championed the strategic use of fiscal and monetary measures to alleviate the adverse effects of economic recessions and depressions. His innovative ideas form the bedrock of the school of thought known as Keynesian economics and its numerous subsequent developments. This copy is presented as a good condition paperback, offering an accessible and enduring encounter with one of the 20th century's most influential economic texts.

  • Author: Keynes, John Maynard
  • Publisher: Royal Ecconomic Society
  • Year: 1973
  • Binding: Paperback
  • Condition: Good
  • ISBN: 9780333009420

You may also like