The Economics of John Maynard Keynes

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Author :
Publisher : Taylor & Francis
ISBN 13 : 100086409X
Total Pages : 160 pages
Book Rating : 4.0/5 (8 download)

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Book Synopsis The Economics of John Maynard Keynes by : Fabio Terra

Download or read book The Economics of John Maynard Keynes written by Fabio Terra and published by Taylor & Francis. This book was released on 2023-04-03 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Widely recognized as one of the greatest economists in history, there has been a surge of interest in the work of John Maynard Keynes since the financial crisis of 2008 with people looking for solutions to rebalance the economy. Presciently, Keynes argued that free markets are unable to fully organize economic activity and that the steadying and reforming hand of the State is needed for capitalism to function properly. In the aftermath of the financial crisis of 2008, exacerbated by a global pandemic, these ideas are more timely than ever. This book provides an introduction to Keynes’ thoughts on capitalism, the State, and macroeconomics. It starts with Keynes’ epistemological theory of his A Treatise on Probability (1921), from which aspects such as uncertainty and the decision-making process, both later important in his economic work, can be drawn. The book then pursues Keynes’ economic writings. From A Tract on the Monetary Reform (1923) and A Treatise on Money (1930), it shows Keynes’ pursuit of a full understanding of the role of money in the economy. Keynes masterfully demonstrated the knowledge he gained through his 1936 masterpiece The General Theory of Employment, Interest and Money. Going beyond Keynes’ classic, this book also explores his later work on economic policy prescriptions and finally his concept of State and economic development. This accessible introduction to the economic thought of Keynes will be essential reading for those interested in the history and development of economics, as well as political scientists, sociologists, historians, and others seeking an overview of these foundational economic ideas.

The Economics of John Maynard Keynes

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1000864073
Total Pages : 157 pages
Book Rating : 4.0/5 (8 download)

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Book Synopsis The Economics of John Maynard Keynes by : Fabio Terra

Download or read book The Economics of John Maynard Keynes written by Fabio Terra and published by Taylor & Francis. This book was released on 2023-04-03 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: Widely recognized as one of the greatest economists in history, there has been a surge of interest in the work of John Maynard Keynes since the financial crisis of 2008 with people looking for solutions to rebalance the economy. Presciently, Keynes argued that free markets are unable to fully organize economic activity and that the steadying and reforming hand of the State is needed for capitalism to function properly. In the aftermath of the financial crisis of 2008, exacerbated by a global pandemic, these ideas are more timely than ever. This book provides an introduction to Keynes’ thoughts on capitalism, the State, and macroeconomics. It starts with Keynes’ epistemological theory of his A Treatise on Probability (1921), from which aspects such as uncertainty and the decision-making process, both later important in his economic work, can be drawn. The book then pursues Keynes’ economic writings. From A Tract on the Monetary Reform (1923) and A Treatise on Money (1930), it shows Keynes’ pursuit of a full understanding of the role of money in the economy. Keynes masterfully demonstrated the knowledge he gained through his 1936 masterpiece The General Theory of Employment, Interest and Money. Going beyond Keynes’ classic, this book also explores his later work on economic policy prescriptions and finally his concept of State and economic development. This accessible introduction to the economic thought of Keynes will be essential reading for those interested in the history and development of economics, as well as political scientists, sociologists, historians, and others seeking an overview of these foundational economic ideas.

The General Theory of Profit Equilibrium

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Author :
Publisher : Springer
ISBN 13 : 0230502288
Total Pages : 233 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis The General Theory of Profit Equilibrium by : C. Fanning

Download or read book The General Theory of Profit Equilibrium written by C. Fanning and published by Springer. This book was released on 1998-05-11 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Maynard Keynes's seminal The General Theory of Employment, Interest and Money remains central to economic debate over sixty years after its publication. This book shows how Keynes's masterpiece is best understood not as an attempt to tackle the immediate policy issues of this age but to extend the range of thought available to economists. Understood as such, it continues to provide the most effective framework to the central issues about the functioning of the economy. The authors offer a clear exposition of Keynes's thought and its continuing relevance for economists in academic, business and government life.

The Economics of Keynes and Uncertainty in Theory

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Author :
Publisher : Cambridge Scholars Publishing
ISBN 13 : 1527518612
Total Pages : 499 pages
Book Rating : 4.5/5 (275 download)

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Book Synopsis The Economics of Keynes and Uncertainty in Theory by : Keun H. Lee

Download or read book The Economics of Keynes and Uncertainty in Theory written by Keun H. Lee and published by Cambridge Scholars Publishing. This book was released on 2023-12-19 with total page 499 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern academic and political establishments generally accept Keynesian economics as the primary theoretical work regarding The General Theory of Employment, Interest, and Money by John Maynard Keynes. However, the discipline of economics has been unable to fully understand Keynes’s ideas, even after almost a century of intense scrutiny since its publication in 1936. This book argues that this is due to the field’s failure to recognize the central theme of Keynes’s ideas, uncertainty. When people do not have all the relevant information on which to base their decisions, they can only act in ways which they believe are in their best interest, or fall back on conventions. Keynes’s work elucidates the conventions which people fall back on to cope with uncertainty in economic life. With this in mind, this book builds upon Keynes’s ideas on uncertainty and conventions, and offers an alternative view of Keynes’s work, which constitutes the foundation of modern economics.

The Essential Keynes

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Author :
Publisher : Penguin UK
ISBN 13 : 0141397365
Total Pages : 654 pages
Book Rating : 4.1/5 (413 download)

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Book Synopsis The Essential Keynes by : John Maynard Keynes

Download or read book The Essential Keynes written by John Maynard Keynes and published by Penguin UK. This book was released on 2015-04-30 with total page 654 pages. Available in PDF, EPUB and Kindle. Book excerpt: Edited with an introduction by ROBERT SKIDELSKY 'Many of the greatest economic evils of our time are the fruits of risk, uncertainty, and ignorance' John Maynard Keynes was the most influential economist, and one of the most influential thinkers, of the twentieth century. He overturned the orthodoxy that markets were optimally self-regulating, and instead argued for state intervention to ensure full employment and economic stability. This new selection is the first comprehensive single-volume edition of Keynes's writings on economics, philosophy, social theory and policy, including several pieces never before published. Full of irony and wit, they offer a dazzling introduction to a figure whose ideas still have urgent relevance today. John Maynard Keynes (1883-1946) is widely considered to have been the most influential economist of the 20th century. His key books include The Economic Consequences of the Peace (1919); A Treatise on Probability (1921); A Tract on Monetary Reform (1923); A Treatise on Money (1930); and his magnum opus, the General Theory of Employment, Interest, and Money (1936). Robert Skidelsky is Emeritus Professor of Political Economy at Warwick. His three-volume biography of Keynes received numerous awards, including the Lionel Gelber Prize and the Council on Foreign Relations Prize.

Keynes's Vision

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Author :
Publisher : Oxford University Press
ISBN 13 : 0198286414
Total Pages : 217 pages
Book Rating : 4.1/5 (982 download)

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Book Synopsis Keynes's Vision by : Athol Fitzgibbons

Download or read book Keynes's Vision written by Athol Fitzgibbons and published by Oxford University Press. This book was released on 1988 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essay explores the ideas of statesman John Maynard Keynes, describing how he formulated a new system of political economy, as different and inspiring as the political economies of Adam Smith or Karl Marx.

What Keynes Means

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Author :
Publisher : Rowman & Littlefield
ISBN 13 : 9780808403203
Total Pages : 228 pages
Book Rating : 4.4/5 (32 download)

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Book Synopsis What Keynes Means by : Anatol Murad

Download or read book What Keynes Means written by Anatol Murad and published by Rowman & Littlefield. This book was released on 1962 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: The principal ideas and theories of John Maynard Keynes are discusses as the significance of his contribution to economics and pointing out inconsistencies and contradictions in his theories.

John Maynard Keynes

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Author :
Publisher : Springer
ISBN 13 : 134920952X
Total Pages : 108 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis John Maynard Keynes by : Mark Blaug

Download or read book John Maynard Keynes written by Mark Blaug and published by Springer. This book was released on 1990-08-28 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to Keynesian economics and a study of the influence of Keynes' ideas on economic theory and economic policy through conversations with eight leading economists, including several Nobel prizewinners. It has been fifty years since Keynes published his controversial book, The General Theory of Employment (1936) and yet he remains a controversial figure to this day, attacked and criticised from both left and right, as this book amply demonstrates.

The Economic Consequences of Peace

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Author :
Publisher : Simon and Schuster
ISBN 13 : 1609775716
Total Pages : 151 pages
Book Rating : 4.6/5 (97 download)

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Book Synopsis The Economic Consequences of Peace by : John Maynard Keynes

Download or read book The Economic Consequences of Peace written by John Maynard Keynes and published by Simon and Schuster. This book was released on 2014-03-27 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economic Consequences of the Peace was written and published by John Maynard Keynes. After World War I, Keynes attended the Versailles Conference as a delegate of the British Treasury and argued for a much more generous peace. It was a best seller throughout the world and was critical in establishing a general opinion that the Versailles Treaty was a "Carthaginian peace." It helped to consolidate American public opinion against the treaty and involvement in the League of Nations. The perception by much of the British public that Germany had been treated unfairly in turn was a crucial factor in public support for appeasement. The success of the book established Keynes' reputation as a leading economist. When Keynes was a key player in establishing the Bretton Woods system in 1944, he remembered the lessons from Versailles as well as the Great Depression. The Marshall Plan after Second World War is a similar system to that proposed by Keynes in The Economic Consequences of the Peace.

Keynes

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Author :
Publisher : Springer
ISBN 13 : 1349030333
Total Pages : 188 pages
Book Rating : 4.3/5 (49 download)

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Book Synopsis Keynes by : D. E. Moggridge

Download or read book Keynes written by D. E. Moggridge and published by Springer. This book was released on 1976-06-18 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Keynes

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Author :
Publisher : MIT Press
ISBN 13 : 0262528991
Total Pages : 132 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis Keynes by : Peter Temin

Download or read book Keynes written by Peter Temin and published by MIT Press. This book was released on 2016-02-12 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why Keynes is relevant to today's global economic crisis, and how Keynesian ideas can point the way to renewed economic growth. As the global economic crisis continues to cause damage, some policy makers have called for a more Keynesian approach to current economic problems. In this book, the economists Peter Temin and David Vines provide an accessible introduction to Keynesian ideas that connects Keynes's insights to today's global economy and offers readers a way to understand current policy debates. They survey economic thinking before Keynes and explain how difficult it was for Keynes to escape from conventional wisdom. They also set out the Keynesian analysis of a closed economy and expand the analysis to the international economy, using a few simple graphs to present Keynes's formal analyses in an accessible way. Finally, they discuss problems of today's world economy, showcasing the usefulness of a simple Keynesian approach to current economic policy choices. Keynesian ideas, they argue, can lay the basis for a return to economic growth.

The Keynes Solution

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Author :
Publisher : St. Martin's Press
ISBN 13 : 0230101011
Total Pages : 212 pages
Book Rating : 4.2/5 (31 download)

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Book Synopsis The Keynes Solution by : Paul Davidson

Download or read book The Keynes Solution written by Paul Davidson and published by St. Martin's Press. This book was released on 2009-09-01 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today's financial crisis has led to a widespread lack of confidence in the laissez faire style of economic policy. In The Keynes Solution author Paul Davidson provides insights into how we got into the crisis—but more importantly how to use Keynes economic philosophy to get out of this mess. John Maynard Keynes was committed to making the market economy work—but our current system has been a dismal failure. Keynes advocated for an interventionalist government role, in cooperation with private initiative, to mitigate the adverse effects of recessions, depressions and booms. His economic policy helped the world out of the great depression and was an important influencer in the thinking behind FDR's new deal policies. In this book Keynesian expert Davidson makes recommendations and details plans for spending, monetary policy, financial market rules and regulation, and wages—all to reverse the effects of our past policies. Keynes renewed influence can be seen everywhere: in Barack Obama's planned stimulus package, for example—and this book explains the basic tenant of Keynesian economics as well as applied solutions to today's critical situation.

Raising Keynes

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Author :
Publisher : Harvard University Press
ISBN 13 : 0674246209
Total Pages : 921 pages
Book Rating : 4.6/5 (742 download)

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Book Synopsis Raising Keynes by : Stephen A. Marglin

Download or read book Raising Keynes written by Stephen A. Marglin and published by Harvard University Press. This book was released on 2021-06-15 with total page 921 pages. Available in PDF, EPUB and Kindle. Book excerpt: Back to the future: a heterodox economist rewrites Keynes’s General Theory of Employment, Interest, and Money to serve as the basis for a macroeconomics for the twenty-first century. John Maynard Keynes’s General Theory of Employment, Interest, and Money was the most influential economic idea of the twentieth century. But, argues Stephen Marglin, its radical implications were obscured by Keynes’s lack of the mathematical tools necessary to argue convincingly that the problem was the market itself, as distinct from myriad sources of friction around its margins. Marglin fills in the theoretical gaps, revealing the deeper meaning of the General Theory. Drawing on eight decades of discussion and debate since the General Theory was published, as well as on his own research, Marglin substantiates Keynes’s intuition that there is no mechanism within a capitalist economy that ensures full employment. Even if deregulating the economy could make it more like the textbook ideal of perfect competition, this would not address the problem that Keynes identified: the potential inadequacy of aggregate demand. Ordinary citizens have paid a steep price for the distortion of Keynes’s message. Fiscal policy has been relegated to emergencies like the Great Recession. Monetary policy has focused unduly on inflation. In both cases the underlying rationale is the false premise that in the long run at least the economy is self-regulating so that fiscal policy is unnecessary and inflation beyond a modest 2 percent serves no useful purpose. Fleshing out Keynes’s intuition that the problem is not the warts on the body of capitalism but capitalism itself, Raising Keynes provides the foundation for a twenty-first-century macroeconomics that can both respond to crises and guide long-run policy.

Keynes, Uncertainty and the Global Economy

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781950067
Total Pages : 344 pages
Book Rating : 4.9/5 (5 download)

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Book Synopsis Keynes, Uncertainty and the Global Economy by : Sheila C. Dow

Download or read book Keynes, Uncertainty and the Global Economy written by Sheila C. Dow and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book should be welcomed by post Keynesian economists, microeconomists and those interested in international economics.

On Interpreting Keynes

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Author :
Publisher : Routledge
ISBN 13 : 1134949529
Total Pages : 353 pages
Book Rating : 4.1/5 (349 download)

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Book Synopsis On Interpreting Keynes by : Bruce Littleboy

Download or read book On Interpreting Keynes written by Bruce Littleboy and published by Routledge. This book was released on 2013-03-07 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is discontent with how the textbooks have come to reinterpret Keynes but there is little communication between the most prominent schools of criticism. This book argues that this lack of dialogue is mistaken and damaging. A synthesis is possible as many of the arguments between them can be traced to simple misunderstadings and differences of emphasis.

The State of Interpretation of Keynes

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 9401113920
Total Pages : 258 pages
Book Rating : 4.4/5 (11 download)

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Book Synopsis The State of Interpretation of Keynes by : John B. Davis

Download or read book The State of Interpretation of Keynes written by John B. Davis and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest in John Maynard Keynes's economic, political and philosophical thinking has undergone a tremendous revival in the last decade. The essays and comments collected in this volume were written on a set of themes representative of the current state of interpretation of Keynes's thinking. Some of the topics investigated have received much attention in the past, and some are of more recent interest. In the former category are topics on standard issues in the interpretation of Keynes's economics: the transition in Keynes's thinking from the The Treatise on Money to The General Theory, the nature of the argument in The General Theory, and Keynes's economic policy views. The latter category introduces themes of a wider nature, and includes two papers on Keynes's vision and one on Keynes's philosophical thinking. The strategy adopted in the selection of topics was to review the debates over Keynes's economics from fresh perspectives, and then go on to supply discussions of broader issues concerning the nature of Keynes as a thinker. This collection as a whole adds to our general understanding of Keynes's work, and contributes to the current revival of interest in Keynes.

General Theory Of Employment , Interest And Money

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Author :
Publisher : Atlantic Publishers & Dist
ISBN 13 : 9788126905911
Total Pages : 410 pages
Book Rating : 4.9/5 (59 download)

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Book Synopsis General Theory Of Employment , Interest And Money by : John Maynard Keynes

Download or read book General Theory Of Employment , Interest And Money written by John Maynard Keynes and published by Atlantic Publishers & Dist. This book was released on 2016-04 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and * is undoubtedly the century's most important book on economics--strongly influencing economic theory and practice, particularly with regard to the role of government in stimulating and regulating a nation's economic life. Keynes's work has undergone significant revaluation in recent years, and "Keynesian" views which have been widely defended for so long are now perceived as at odds with Keynes's own thinking. Recent scholarship and research has demonstrated considerable rivalry and controversy concerning the proper interpretation of Keynes's works, such that recourse to the original text is all the more important. Although considered by a few critics that the sentence structures of the book are quite incomprehensible and almost unbearable to read, the book is an essential reading for all those who desire a basic education in economics. The key to understanding Keynes is the notion that at particular times in the business cycle, an economy can become over-productive (or under-consumptive) and thus, a vicious spiral is begun that results in massive layoffs and cuts in production as businesses attempt to equilibrate aggregate supply and demand. Thus, full employment is only one of many or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to boost or stimulate demand to produce full employment. This something could be business investment but because of the logic and individualist nature of investment decisions, it is unlikely to rapidly restore full employment. Keynes logically seizes upon the public budget and government expenditures as the quickest way to restore full employment. Borrowing the * to finance the deficit from private households and businesses is a quick, direct way to restore full employment while at the same time, redirecting or siphoning