EAN: 9783319703435

THE GENERAL THEORY OF EMPLOYMENT INTEREST AND M...

This book was originally published by Macmillan in 1936. It was voted the top Academic Book
that Shaped Modern Britain by Academic Book Week (UK) in 2017  and in 2011 was placed on Time
Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh
Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes' biographer
Robert Skidelsky  this important work is made available to a new generation. The General Theory
of Employment  Interest and Money transformed economics and changed the face of modern
macroeconomics. Keynes' argument is based on the idea that the level of employment is not
determined by the price of labour  but by the spending of money. It gave way to an entirely new
approach where employment  inflation and the market economy are concerned. Highly provocative
at its time of publication  this book and Keynes' theories continue to remain the subject of
much support and praise  criticism and debate. Economists at any stage in their career will
enjoy revisiting this treatise and observing the relevance of Keynes' work in today's
contemporary climate.

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