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The General Theory of Employment, Interest, and Money

  • John Maynard Keynes

Table of contents

  1. Front Matter
    Pages i-xliii
  2. Introduction

    1. Front Matter
      Pages 1-1
    2. John Maynard Keynes
      Pages 3-3
    3. John Maynard Keynes
      Pages 5-20
    4. John Maynard Keynes
      Pages 21-30
  3. Definitions and Ideas

    1. Front Matter
      Pages 31-31
    2. John Maynard Keynes
      Pages 33-40
    3. John Maynard Keynes
      Pages 41-45
    4. John Maynard Keynes
      Pages 47-66
  4. The Propensity to Consume

    1. Front Matter
      Pages 77-77
    2. John Maynard Keynes
      Pages 79-94
    3. John Maynard Keynes
      Pages 101-116
  5. The Inducement to Invest

    1. Front Matter
      Pages 117-117
    2. John Maynard Keynes
      Pages 119-128
    3. John Maynard Keynes
      Pages 129-143
    4. John Maynard Keynes
      Pages 145-153
    5. John Maynard Keynes
      Pages 155-170
    6. John Maynard Keynes
      Pages 171-184
    7. John Maynard Keynes
      Pages 185-194
    8. John Maynard Keynes
      Pages 195-213
    9. John Maynard Keynes
      Pages 215-223
  6. Money-wages and Prices

    1. Front Matter
      Pages 225-225
    2. John Maynard Keynes
      Pages 227-248
    3. John Maynard Keynes
      Pages 249-260
    4. John Maynard Keynes
      Pages 261-276
  7. Short Notes Suggested by the General Theory

  8. Back Matter
    Pages 373-404

About this book

Introduction

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.

Keywords

Market economy Employment Keynesian revolution Consumption function Marginal efficiency of capital Effective demand Liquidity preference Aggregate demand

Authors and affiliations

  • John Maynard Keynes
    • 1
  1. 1.CambridgeUK

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-70344-2
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2018
  • Publisher Name Palgrave Macmillan, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-319-70343-5
  • Online ISBN 978-3-319-70344-2
  • Buy this book on publisher's site
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