Keynes: The Return of the Master - Couverture souple

Skidelsky, Robert

Couverture souple

ISBN 10 : 0141043601 ISBN 13 : 9780141043609

Editeur : Penguin, 2010

Synopsis

In the current financial crisis, Keynes has been taken out of his cupboard, dusted down, consulted, cited, invoked and appealed to about why events have taken the course they have and how a rescue operation can be effected. Why have we gone back so emphatically to the ideas of an economist who died fifty years ago? There are three main ideas of Keynes' worth thinking about now. The first is that the future is unknowable, and therefore that economic storms are part of the normal workings of the market system. The second idea is that economies wounded by these 'shocks' can, if left to themselves, stay in a depressed condition for a long time. That is why governments need to have and use fiscal ammunition to prevent a slide from financial crisis to economic depression. The third concerns what he termed 'organicism': societies are communities not, as he put it, 'branches of the multiplication table'. These ideas have never been more timely.

A propos du livre

Présentation de l'éditeur :

Robert Skidelsky's Keynes: The Return of the Master shows how the great economist's ideas not only explain why the current financial crisis occurred - but are our best way out. 'One would expect brokers to be wrong. If, in addition to their other inside advantages, they were capable of good advice, clearly they would have retired long ago with a large fortune'
  John Maynard Keynes When unbridled capitalism falters, is there an alternative? The twentieth century's most influential economist tells us that there is. John Maynard Keynes argued that an unmanaged market system is inherently unstable because of irreduceable uncertainty; that fiscal and monetary ammunition is needed to counter economic shocks; and that governments need to maintain enough total spending power in the economy to minimize the chance of serious recessions happening. 'The great economist's theories have never been more relevant ... and Robert Skidelsky is the guide of choice ... A must read'
  Paul Krugman, Observer 'Keynes's economic policies helped lift Britain from its 1930s slump. This accessible, timely study argues he could do the same again'
  Dominic Lawson, Sunday Times 'Masterly ... conveys complex ideas with clarity and controlled anger'
  Oliver Kamm, The Times 'Skidelsky knows more about Keynes than anyone alive ... he is righteous in his thunder ... provocative ... refreshing'
  Dwight Gardner, The New York Times 'Thought-provoking ... the best account I have read of the development of the credit crunch'
  Samuel Brittan, Financial Times Robert Skidelsky is Emeritus Professor of Political Economy at the University of Warwick. His three volume biography of the economist John Maynard Keynes (1983, 1992, 2000) received numerous prizes, including the Lionel Gelber Prize for International Relations and the Council on Foreign Relations Prize for International Relations. He is also the author of the The World After Communism (1995).

Biographie de l'auteur :

Robert Skidelsky is Emeritus Professor of Political Economy at the University of Warwick. His three volume biography of the economist John Maynard Keynes (1983, 1992, 2000) received numerous prizes, including the Lionel Gelber Prize for International Relations and the Council on Foreign Relations Prize for International Relations. ('This three-volume life of the British economist should be given a Nobel Prize for History if there was such a thing' - Norman Stone.) He is the author of the The World After Communism (1995). He was made a life peer in 1991, and was elected Fellow of the British Academy in 1994.

À propos de cette édition

• Éditeur: Penguin
• Date d'édition: 2010
• ISBN 10: 0141043601
• ISBN 13: 9780141043609
• Reliure: Broché
• Nombre de pages: 256