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Keynes's Vision - Why the Great Depression did not Return (Hardcover)
Loot Price: R4,160
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Keynes's Vision - Why the Great Depression did not Return (Hardcover)
Series: Routledge Studies in the History of Economics
Expected to ship within 12 - 17 working days
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John Maynard Keynes was the most influential economist of the 20th
Century, whose doctrines had a huge impact on American prosperity
in the years following the Second World War. This new book by John
Philip Jones describes the main features of Keynes's work,
including the fiscal and monetary policies he recommended, together
with a detailed tracking of how his theories played out in the
American economy. The book focuses on each individual aspect of
Keynes's doctrines: his revolutionary emphasis on the economy as a
whole (the study that would later become known as macroeconomics);
consumer demand and where it leads; investment demand and where it
leads; the rate of interest and the influence of monetary policy;
the role of government in controlling fiscal policy; and the
overarching importance of expectations, optimism and pessimism. The
book concludes with the seven major lessons drawn from the American
economy in the latter half of the 20th Century and how these
lessons were forecast by Keynes. An excellent introduction to
Keynes and his legacy for students and non-specialist members of
the public who want to know more about how the economy is
controlled and stimulated, it is also of considerable interest to
students of modern economic history.
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