The General Theory of Employment Interest and Money

By:

John Maynard Keynes

Format:

Paperback

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Description

2011 Reprint of 1936 edition. Full fledged Facsimile of original first U.S. edition. No changes or omissions from the original format. The General Theory of Employment, Interest and Money is generally considered to be Keynes' magnum opus, and is largely credited with creating the terminology and shape of modern macroeconomics. Published in February 1936 it sought to bring about a revolution, commonly referred to as the "Keynesian Revolution," in the way economists thought - especially in relation to the proposition that a market economy tends naturally to restore itself to full employment after temporary shocks. Regarded widely as the cornerstone of Keynesian thought, the book challenged the established classical economics and introduced important concepts such as the consumption function, the multiplier, the marginal efficiency of capital, the principle of effective demand and liquidity preference.

Release date Australia

January 26th, 2011

Author

John Maynard Keynes

Audience

General (US: Trade)

Country of Publication

United States

Illustrations

black & white illustrations

Imprint

Martino Fine Books

Pages

416

Publisher

Martino Fine Books

Dimensions

152x229x24

ISBN-13

9781891396687

Product ID

10219277

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