The Economic Consequences of the Peace - Couverture souple

Keynes, John Maynard

Couverture souple

ISBN 10 : 0140113800 ISBN 13 : 9780140113808

Editeur : Penguin, 1989

Synopsis

Book by Keynes John Maynard

A propos du livre

Biographie de l'auteur

John Maynard Keynes, (1883-1946) was a British economist whose ideas have profoundly affected modern macroeconomics and social liberalism, both in theory and practice. He advocated interventionist economic policy, by which governments would use fiscal and monetary measures to mitigate the adverse effects of business cycles, economic recessions, and depressions. His ideas are the basis for the school of thought known as Keynesian economics, and its various offshoots. In the 1930s, Keynes spearheaded a revolution in economic thinking, overturning the older ideas of neoclassical economics that held that free markets would automatically provide full employment as long as workers were flexible in their wage demands. Following the outbreak of World War II, Keynes's ideas concerning economic policy were adopted by leading Western economies. During the 1950s and 1960s, the success of Keynesian economics was so resounding that almost all capitalist governments adopted its policy recommendations. In 1999, Time magazine included Keynes in their list of the 100 most important and influential people of the 20th century, commenting that; "His radical idea that governments should spend money they don't have may have saved capitalism". Keynes is widely considered the father of modern macroeconomics, and by various commentators such as economist John Sloman, the most influential economist of the 20th century. In addition to being an economist, Keynes was also a civil servant, a patron of the arts, a director of the Bank of England, an advisor to several charitable trusts, a writer, a private investor, an art collector, and a farmer.

Présentation de l'éditeur

"The Economic Consequences of the Peace" gave economist John Maynard Keynes a huge but controversial influence on perceptions of the peace treaty signed after World War I. John Maynard Keynes was not only a brilliant economist, but a superb writer with a keen eye for the foibles of the great men of his time. "The Economic Consequences of the Peace" is a must read for anyone interested in the Versailles Peace Treaty and the aftermath of its signing. Even today, the power of Keynes' argument is evident. Though Keynes admitted that the allies might not hold Germany to all the economic terms of the treaty, he still felt strongly that many of the terms of the treaty, whether enforced or not, discouraged sound planning by German investors, companies, and its government, and unnecessarily impoverished the German people. As pointed out in his classic book, Keynes felt this was bad for not just Germany, but all of Europe.

Détails de l'édition

• Éditeur: Penguin
• Date d'édition: 1989
• Langue: anglais
• ISBN 10: 0140113800
• ISBN 13: 9780140113808
• Reliure: Broché
• Nombre de pages: 336
• Coordonnées du fabricant: non disponible
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