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General Theory of Employment, Interest, and Money

General Theory of Employment, Interest, and Money

Paperback

Series: Great Minds Series

EconomicsLabor

ISBN10: 1573921394
ISBN13: 9781573921398
Publisher: Prometheus Books
Published: May 1 1997
Pages: 423
Weight: 1.10
Height: 1.03 Width: 5.54 Depth: 8.50
Language: English
Distinguished British economist John Maynard Keynes (1883-1946) set off a series of movements that drastically altered the ways in which economists view the world. In his most important work, The General Theory of Employment, Interest, and Money (1936), Keynes critiqued the laissez-faire policies of his day, particularly the proposition that a normally functioning market economy would bring full employment. Keynes's forward-looking work transformed economics from merely a descriptive and analytic discipline into one that is policy oriented. For Keynes, enlightened government intervention in a nation's economic life was essential to curbing what he saw as the inherent inequalities and instabilities of unregulated capitalism.

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