Keynes's General Theory of Employment, Interest and Money
(published in February 1936) is probably the most influential and
controversial economics book of the twentieth century. Keynes
claimed to have undermined the foundations of orthodox economics
and to have developed a radically new way of thinking about
unemployment.
This volume brings together forty of the reviews published
before the end of 1936, showing how a wide range of economists and
political and literary figures responded to the book. It shows a
variety and intensity of the reactions evoked by Keynes. Because
they are all very early reviews, they antedate the articles
(notably by J. R. Hicks) that appeared early in 1937 and which
provided the framework (the so-called IS-LM model) through which
economists have come to interpret Keynes's ideas. Here we have
perspectives on Keynesian economics that are untainted by the work
of subsequent interpreters.
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