The General Theory of Employment, Interest, and Money - Couverture souple

Keynes, John Maynard

Couverture souple

ISBN 10 : 198781780X ISBN 13 : 9781987817805

Editeur : Stellar Classics, 2016

A propos du livre

Biographie de l'auteur :

John Maynard Keynes, 1st Baron Keynes (5 June 1883 - 21 April 1946) was a British economist whose ideas, called Keynesian economics, have had a major impact on modern economic and political theory as well as on many governments' fiscal policies. He advocated interventionist government policy, by which the government would use fiscal and monetary measures to mitigate the adverse effects of economic recessions, depressions and booms. Even Keynes' critics call him the greatest and most influential economist of the 20th century. For this reason, he is known as "the father of modern economics." Keynes' advice on ending the Great Depression was rejected. President Roosevelt tried countless other approaches, all of which failed. Then, in seven short years, under massive Keynesian spending, the U.S. went from the greatest depression it has ever known to the greatest economic boom it has ever known. The success of Keynesian economics was so resounding that almost all capitalist governments around the world adopted its policies. Time Magazine named Keynes one of the 100 most influential people of the 20th century, on his Keynesian Theory state.. "His radical idea that governments should spend money they don't have may have saved capitalism". He is one of the fathers of modern theoretical macroeconomics.

Présentation de l'éditeur :

The General Theory of Employment, Interest and Money is Keynes' masterpiece published right after the Great Depression. It sought to bring about a revolution, commonly referred to as the "Keynesian Revolution", in the way economists thought – especially challenging the proposition that a market economy tends naturally to restore itself to full employment on its own. Regarded widely as the cornerstone of Keynesian thought, this book challenged the established classical economics and introduced new concepts. It remains a relevant topic of debate to this day, perhaps more than ever. Given the economic turmoil of recent years, this debate is more heated than ever before, between the Keynesian model of economics of Bush and Obama which favors bailouts and other government intervention to try to stabilize the market, and the Austrian school of economics which sees government intervention as detrimental and favors letting the market sort itself out on its own with minimal government interference and regulation. You decide.

À propos de cette édition

• Éditeur: Stellar Classics
• Date d'édition: 2016
• ISBN 10: 198781780X
• ISBN 13: 9781987817805
• Reliure: Broché