The General Theory of Employment, Interest and Money

Name: The General Theory of Employment, Interest and Money
Brand: Peacock Books
SKU: 9788124805527
Price: 245.0 INR
Availability: InStock

by John Maynard Keynes

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ISBN13: 9788124805527
Binding: Paperback
Subject: Economics
Publisher: Atlantic Publishers & Distributors (P) Ltd
Publisher Imprint: Peacock Books
Publication Date: March 7, 2024
Pages: 354
Original Price: INR 350.0
Language: English
Edition: N/A
Item Weight: 400 grams
BISAC Subject(s): Economics / General

About The Book

“The difficulty lies, not in the new ideas, but in escaping from the old ones…”

The General Theory of Employment, Interest and Money is a quintessential guide to understanding modern economics, exerting a profound influence on economic theory and practice. In this seminal work, Keynes tackles the complexities of economic cycles, offering crucial insights into the role of government in stimulating and regulating a nation's economic life. The complexities of macroeconomic equilibria are thoroughly discussed, revealing the significance of government intervention to restore full employment during periods of economic downturn. Accessible to general readers with a keen interest in comprehending the intricacies of a nation's economy, this book remains an indispensable resource for those seeking a foundational education in economics.

Endorsements

“The most influential book on economic and social policy so far”

—The New York Times

“... it reframed the central problem at the heart of modern economics ...”

—The Washington Post

About The Author

John Maynard Keynes (1883–1946) was one of the most influential economists of the 20th century, renowned for his groundbreaking contributions to economic theory and policy. Born in Cambridge, England, Keynes received his education at Eton College and later at King’s College, Cambridge, where he distinguished himself as a scholar in mathematics and economics. His work, The General Theory of Employment, Interest and Money (1936), revolutionised economic thought during the Great Depression. Challenging classical economic doctrines, Keynes argued for active government intervention to manage economic fluctuations and stabilise economies. His theory of aggregate demand and the role of fiscal policy in stimulating economic activity laid the foundation for modern macroeconomics and greatly influenced public policies worldwide. Keynes was also a prominent public figure beyond his academic pursuits. He served as an advisor to the British government and played a crucial role in shaping post-World War II economic policies through his participation in the Bretton Woods Conference. Keynes’s pragmatic approach to economics, characterised by a blend of theory and policy activism, continues to shape debates on economic policy, monetary theory and international finance. A prolific writer and essayist, Keynes addressed a wide range of additional topics in his works as well, such as philosophy and ethics. His wit, intellect and unwavering commitment to social welfare have left an indelible mark on both economic theory and public discourse.

Some of Keynes’ noteworthy works published posthumously:

Indian Currency and Finance (1913)
The Economic Consequences of the Peace (1919)
A Treatise on Probability (1921)
A Treatise on Money (1930)
Essays in Persuasion (1931)
The General Theory of Employment, Interest and Money (1936)
How to Pay for the War: A Radical Plan for the Chancellor of the Exchequer (1940)

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