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The General Theory of Employment, Interest and Money - with The Economic Consequences of the Peace (Paperback)
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The General Theory of Employment, Interest and Money - with The Economic Consequences of the Peace (Paperback)
Series: Wordsworth Classics of World Literature
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Loot Price R154
Discovery Miles 1 540
Expected to ship within 12 - 17 working days
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John Maynard Keynes (1883-1946) is perhaps the foremost economic
thinker of the twentieth century. On economic theory, he ranks with
Adam Smith and Karl Marx; and his impact on how economics was
practiced, from the Great Depression to the 1970s, was unmatched.
The General Theory of Employment, Interest and Money was first
published in 1936. But its ideas had been forming for decades ? as
a student at Cambridge, Keynes had written to a friend of his love
for 'Free Trade and free thought'. Keynes's limpid style, concise
prose, and vivid descriptions have helped to keep his ideas alive -
as have the novelty and clarity, at times even the ambiguity, of
his macroeconomic vision. He was troubled, above all, by high
unemployment rates and large disparities in wealth and income. Only
by curbing both, he thought, could individualism, 'the most
powerful instrument to better the future', be safeguarded. The
twenty-first century may yet prove him right. In The Economic
Consequences of the Peace (1919), Keynes elegantly and acutely
exposes the folly of imposing austerity on a defeated and
struggling nation.
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Sun, 11 Oct 2020 | Review
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