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Keynesian economics (also called Keynesianism) describes the economics theories of John Maynard Keynes. Keynes wrote about his theories in his book The General Theory of Employment, Interest and Money. The book was published in 1936. Keynes said capitalism is a good economic system. In a capitalist system, people earn money from their work.
Dec 14, 2016 · The General Theory of Employment, Interest and Money is Keynes' masterpiece published right after the Great Depression. It sought to bring about a revolution, commonly referred to as the "Keynesian Revolution", in the way economists thought - especially challenging the proposition that a market economy tends naturally to restore itself to full ...
Jan 1, 2014 · Keynes’s General Theory of Employment, Interest and Money beyond any doubt provoked a great change in the economic mode of thought, creating an academic basis for a great growth in the significance of macroeconomic management of the business cycle and the scope for realising full employment. At the same time, the main weakness of Keynes’s ...
Dec 12, 2023 · Classifications Dewey Decimal Class 330.15/6 Library of Congress HB99.7 .K378 1964, HB99.7.K378 1964, HB171 .K45 1964
John Maynard Keynes was one of the most influential economists of the 20th century, whose ideas shaped the policies of many governments and institutions. In his magnum opus, The General Theory of Employment, Interest and Money, he challenged the classical theories of economics and proposed a new framework for understanding the causes and remedies of recessions, unemployment, inflation and ...
Nov 5, 2012 · Summary. I have called this book the General Theory of Employment, Interest and Money, placing the emphasis on the prefix general. The object of such a title is to contrast the character of my arguments and conclusions with those of the classical theory of the subject, upon which I was brought up and which dominates the economic thought, both ...
Book I INTRODUCTION. Chapter 1: The General Theory. Chapter 2: The Postulates of the Classical Economics. Chapter 3: The Principle of Effective Demand. Book II DEFINITIONS AND IDEAS. Chapter 4: The Choice of Units. Chapter 5: Expectations as Determining Output and Employment. Chapter 6: The Definition of Income Saving and Investment.
