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Every time the economy goes through a period of crisis, Keynes' name is called upon by economists and politicians from diverse backgrounds. However, 70 years after the publication of The General Theory of Employment, Interest and Money, specialists are still far-maybe everyday further-from reaching agreement about the genuine contents of Keynes' most important work. This controversy has been marked by a paradoxical turn: it is above all the literature about Keynes which, in the last decades, has imposed the terms of the debate, while The General Theory lacks readers. Accused by both its detractors and admirers of being a confusing book that is inconsistent and even plagued with logical errors, the most important contribution of the most influential economist of the 20th century has been condemned to be forgotten or, at best, to live uncomfortably in the voices of those who have spoken on his behalf. This book is the result of rigorous critical research which reconstructs the spectrum of discussion surrounding Keynes' main work. The book begins by describing the historical background and the state of the pre-Keynesian economic theory, subsequently immersing the reader in a concise but detailed-as well as innovative- interpretation of the original text. The revision of some of the main interpretative currents prepares the field for the book's ultimate contribution: the identification of the fundamentals that sustain the analytical structure of The General Theory. At the same time, this exploration of the theoretical fundamentals of The General Theory makes this book an original intervention on the genesis and relevance of the divide between micro and macroeconomics-a division that has been fully accepted by contemporary macro theorists.
Every time the economy goes through a period of crisis, Keynes' name is called upon by economists and politicians from diverse backgrounds. However, 70 years after the publication of The General Theory of Employment, Interest and Money, specialists are still far-maybe everyday further-from reaching agreement about the genuine contents of Keynes' most important work. This controversy has been marked by a paradoxical turn: it is above all the literature about Keynes which, in the last decades, has imposed the terms of the debate, while The General Theory lacks readers. Accused by both its detractors and admirers of being a confusing book that is inconsistent and even plagued with logical errors, the most important contribution of the most influential economist of the 20th century has been condemned to be forgotten or, at best, to live uncomfortably in the voices of those who have spoken on his behalf. This book is the result of rigorous critical research which reconstructs the spectrum of discussion surrounding Keynes' main work. The book begins by describing the historical background and the state of the pre-Keynesian economic theory, subsequently immersing the reader in a concise but detailed-as well as innovative- interpretation of the original text. The revision of some of the main interpretative currents prepares the field for the book's ultimate contribution: the identification of the fundamentals that sustain the analytical structure of The General Theory. At the same time, this exploration of the theoretical fundamentals of The General Theory makes this book an original intervention on the genesis and relevance of the divide between micro and macroeconomics-a division that has been fully accepted by contemporary macro theorists.
A modern parable about human greed, this edition of the classic short story features illustrations that capture its dark and ironic tone as well as the provincial Russian landscape. Leo Tolstoy answers the question of the title by introducing Pakhom, an avaricious peasant whose desire for land is never satisfied. When Pakhom hears of a supposedly simple-minded family with a lot of property, he is excited to buy it from them at as low a price as possible. However, the family plays a trick on Pakhom, causing his greed to get the better of him and disclosing the moral message of the tale. "Una parabola modernisima sobre la avaricia humana, esta edicion del cuento clasico tiene ilustraciones que capturan su tono oscuro e ironico asi como el paisaje ruso provincial. Lev Tolstoi contesta la pregunta del titulo presentando a Pajom, un campesino avaricioso cuyo deseo por la propiedad nunca esta satisfecho. Cuando Pajom se entera de una familia supuestamente ingenua con mucha propiedad, esta entusiasmado de comprarla de la familia al menor precio posible. Sin embargo, la familia engana a Pajom, cuya avaricia lo supera, revelando el mensaje moral del cuento."
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