The General Theory of Employment, Interest and Money by John Maynard Keynes is considered to be his magnum opus and is largely credited with creating the terminology and shape of modern macroeconomics. The General Theory brought about a revolution, commonly referred to as the "Keynesian Revolution," in the way economists thought especially in ...Read MoreThe General Theory of Employment, Interest and Money by John Maynard Keynes is considered to be his magnum opus and is largely credited with creating the terminology and shape of modern macroeconomics. The General Theory brought 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 General Theory 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. John Maynard Keynes was a British economist whose ideas have profoundly affected the theory and practice of modern macroeconomics, as well as the economic policies of governments. He greatly refined earlier work on the causes of business cycles, and advocated the use of fiscal and monetary measures to mitigate the adverse effects of economic recessions and depressions. His ideas are the basis for the school of thought known as Keynesian economics, as well as its various offshoots.Read Less
Fair. This item is listed as acceptable and probably has been well used. It could have considerable writing or highlighting throughout but is still usable and has been priced accordingly. Please don't buy it if you are expecting a perfect copy. It has a couple more reads left before it's time to be recycled. Big Hearted Books guarantees to process your order within 1 business day, offers expedited shipping, and no hassle returns. By purchasing this item, you are helping raise much needed funds for our charitable partners throughout New England. Big Hearted Books is sharing the love of books one book at a time!
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited, Baker & Taylor, Inc., or by their respective licensors, or by the publishers, or by their respective licensors. For personal use only. All rights reserved. All rights in images of books or other publications are reserved by the original copyright holders.