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General Theory of Employment, Interest and Money

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ISBN-10: 0230004768

ISBN-13: 9780230004764

Edition: 2007

Authors: John Maynard Keynes, Paul Krugman

List price: $40.00
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Description:

In 1936 Keynes published the most provocative book written by any economist of his generation, and arguments about the book still continue today. This new edition features an introduction from Paul Krugman, discussing the significance and continued relevance of Keynes ideas.
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Book details

List price: $40.00
Copyright year: 2007
Publisher: Palgrave Macmillan
Publication date: 10/10/2007
Binding: Paperback
Pages: 463
Size: 6.25" wide x 9.00" long x 1.00" tall
Weight: 1.584
Language: English

John Maynard Keynes, an English economist, is regarded as the most important and influential economist of the twentieth century, if not of all time. A brilliant child, he wrestled with the economic meaning of interest before he was 5 years old. He excelled both as a student and as a member of the debating team at Eton. His reputation at King's College at Cambridge University was such that he was invited to weekly breakfasts with economist A. C. Pigou, and even Alfred Marshall begged him to become a professional economist. He was elected president of the Union, the most important nongovernmental debating society in the world, and his close friends included the intellectual members of the…    

Paul Krugman was born on February 28, 1953. He received a B.S. in economics from Yale University in 1974 and a Ph.D from MIT in 1977. From 1982 to 1983, he worked at the Reagan White House as a member of the Council of Economic Advisers. He taught at numerous universities including Yale University, MIT, UC Berkeley, the London School of Economics, and Stanford University before becoming a professor of economics and international affairs at Princeton University in 2000. He has written over 200 scholarly papers and 20 books including Peddling Prosperity; International Economics: Theory and Policy; The Great Unraveling; and The Conscience of a Liberal. Since 2000, he has written a twice-weekly…    

Introduction to the 2006 Edition
Introduction
The General Theory
The Postulates of the Classical Economics
The Principle of Effective Demand
Definitions And Ideas
The Choice of Units
Expectation as Determining Output and Employment
The Definition of Income, Saving and Investment
The Meaning of Saving and Investment Further Considered
The Propensity To Consume
The Propensity to Consume: I. The Objective Factors
The Propensity to Consume: II. The Subjective Factors
The Marginal Propensity to Consume and the Multiplier
The Inducement To Invest
The Marginal Efficiency of Capital
The State of Long-term Expectation
The General Theory of the Rate of Interest
The Classical Theory of the Rate of Interest
The Psychological and Business Incentives to Liquidity
Sundry Observations on the Nature of Capital
The Essential Properties of Interest and Money
The General Theory of Employment Re-stated
Money-Wages And Prices
Changes in Money-Wages
The Employment Function
The Theory of Prices
Short Notes Suggested By The General Theory
Notes on the Trade Cycle
Notes on Mercantilism, The Usury Laws, Stamped Money and Theories of Under-consumption
Concluding Notes on the Social Philosophy towards which the General Theory Might Lead
Introduction to the 2006 Edition
Introduction
The General Theory
The Postulates of the Classical Economics
The Principle of Effective Demand
Definitions And Ideas
The Choice of Units
Expectation as Determining Output and Employment
The Definition of Income, Saving and Investment
The Meaning of Saving and Investment Further Considered
The Propensity To Consume
The Propensity to Consume: I. The Objective Factors
The Propensity to Consume: II. The Subjective Factors
The Marginal Propensity to Consume and the Multiplier
The Inducement To Invest
The Marginal Efficiency of Capital
The State of Long-term Expectation
The General Theory of the Rate of Interest
The Classical Theory of the Rate of Interest
The Psychological and Business Incentives to Liquidity
Sundry Observations on the Nature of Capital
The Essential Properties of Interest and Money
The General Theory of Employment Re-stated
Money-Wages And Prices
Changes in Money-Wages
The Employment Function
The Theory of Prices
Short Notes Suggested By The General Theory
Notes on the Trade Cycle
Notes on Mercantilism, The Usury Laws, Stamped Money and Theories of Under-consumption
Concluding Notes on the Social Philosophy towards which the General Theory Might Lead