Download or read book General Theory Of Employment Interest And Money written by John Maynard Keynes and published by Atlantic Publishers & Dist. This book was released on 2016-04 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and * is undoubtedly the century's most important book on economics--strongly influencing economic theory and practice, particularly with regard to the role of government in stimulating and regulating a nation's economic life. Keynes's work has undergone significant revaluation in recent years, and "Keynesian" views which have been widely defended for so long are now perceived as at odds with Keynes's own thinking. Recent scholarship and research has demonstrated considerable rivalry and controversy concerning the proper interpretation of Keynes's works, such that recourse to the original text is all the more important. Although considered by a few critics that the sentence structures of the book are quite incomprehensible and almost unbearable to read, the book is an essential reading for all those who desire a basic education in economics. The key to understanding Keynes is the notion that at particular times in the business cycle, an economy can become over-productive (or under-consumptive) and thus, a vicious spiral is begun that results in massive layoffs and cuts in production as businesses attempt to equilibrate aggregate supply and demand. Thus, full employment is only one of many or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to boost or stimulate demand to produce full employment. This something could be business investment but because of the logic and individualist nature of investment decisions, it is unlikely to rapidly restore full employment. Keynes logically seizes upon the public budget and government expenditures as the quickest way to restore full employment. Borrowing the * to finance the deficit from private households and businesses is a quick, direct way to restore full employment while at the same time, redirecting or siphoning
Download or read book Raising Keynes written by Stephen A. Marglin and published by Harvard University Press. This book was released on 2020-07-14 with total page 921 pages. Available in PDF, EPUB and Kindle. Book excerpt: Back to the future: a heterodox economist rewrites Keynes's General Theory of Employment, Interest, and Money to serve as the basis for a macroeconomics for the twenty-first century. John Maynard Keynes's General Theory of Employment, Interest, and Money was the most influential economic idea of the twentieth century. But, argues Stephen Marglin, its radical implications were obscured by Keynes's lack of the mathematical tools necessary to argue convincingly that the problem was the market itself, as distinct from myriad sources of friction around its margins. Marglin fills in the theoretical gaps, revealing the deeper meaning of the General Theory. Drawing on eight decades of discussion and debate since the General Theory was published, as well as on his own research, Marglin substantiates Keynes's intuition that there is no mechanism within a capitalist economy that ensures full employment. Even if deregulating the economy could make it more like the textbook ideal of perfect competition, this would not address the problem that Keynes identified: the potential inadequacy of aggregate demand. Ordinary citizens have paid a steep price for the distortion of Keynes's message. Fiscal policy has been relegated to emergencies like the Great Recession. Monetary policy has focused unduly on inflation. In both cases the underlying rationale is the false premise that in the long run at least the economy is self-regulating so that fiscal policy is unnecessary and inflation beyond a modest 2 percent serves no useful purpose. Fleshing out Keynes's intuition that the problem is not the warts on the body of capitalism but capitalism itself, Raising Keynes provides the foundation for a twenty-first-century macroeconomics that can both respond to crises and guide long-run policy.
Download or read book The General Theory of Employment Interest and Money written by John Maynard Keynes and published by . This book was released on 1989 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A General Theory of Love written by Thomas Lewis and published by Vintage. This book was released on 2007-12-18 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: This original and lucid account of the complexities of love and its essential role in human well-being draws on the latest scientific research. Three eminent psychiatrists tackle the difficult task of reconciling what artists and thinkers have known for thousands of years about the human heart with what has only recently been learned about the primitive functions of the human brain. A General Theory of Love demonstrates that our nervous systems are not self-contained: from earliest childhood, our brains actually link with those of the people close to us, in a silent rhythm that alters the very structure of our brains, establishes life-long emotional patterns, and makes us, in large part, who we are. Explaining how relationships function, how parents shape their child’s developing self, how psychotherapy really works, and how our society dangerously flouts essential emotional laws, this is a work of rare passion and eloquence that will forever change the way you think about human intimacy.
Download or read book Anticipations of the General Theory written by Don Patinkin and published by University of Chicago Press. This book was released on 1984-11 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the much-debated question of whether John Maynard Keynes' greatest work—The General Theory of Employment Interest and Money—was an instance of Mertonian simultaneous scientific discovery. In part I of this study, Don Patinkin argues for Keynes' originality, rejecting the claims of the Stockholm school and the Polish economist Michal Kalecki. Patinkin shows that the theoretical problems to which the Stockholm school and Kalecki devoted their attention largely differed from those of the General Theory and that, even when the problem addressed was similar, the treatment they accorded it was not part of their central messages. In the remaining parts of the book Patinkin presents a critique of Keynes' theory of effective demand and discusses Keynes' monetary theory and policy thinking, as well as the relationship between the respective developments of Keynesian theory and national income accounting in the 1930s.
Download or read book Understanding Keynes General Theory written by B. Sheehan and published by Springer. This book was released on 2009-01-15 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a comprehensive guide for those seeking to fully understand Keynes' General Theory of Employment, Interest and Money , and especially those approaching the work for the first time. It also highlights Keynes' important policy insights. This book is an essential introduction to Keynes' most influential text.
Download or read book Keynes s General Theory the Rate of Interest and Keynesian Economics written by G. Tily and published by Springer. This book was released on 2016-01-12 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that Keynesian economists have betrayed Keynes' theory and policy conclusions, and that the world has been misled about those policies. Keynesians have focused attention on policies for dealing with effects of economic failure as they arise, whereas Keynes was concerned with the cause and then the prevention of economic failure.
Download or read book A General Theory of Authority written by Yves R. Simon and published by Pickle Partners Publishing. This book was released on 2019-07-23 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: A General Theory of Authority was first printed in 1962 and is a classic treatment of authority and its relation to justice, life, truth, and order. In recent years authority has been seen as an enemy of freedom, autonomy, and development. In this book the renowned philosopher Yves R. Simon, himself a passionate proponent of liberty, analyzes the idea of authority and defends it as an essential concomitant of liberty. Simon sees authority as the catalyst necessary to bring together the seemingly disparate demands of liberty on one hand and order on the other. Simon’s perceptive discussion of how authority differs from law enables him to highlight the effective and personal role that authority can play in the life of the individual and for the good of the community. Professor Yves R. Simon was an esteemed philosopher and teacher at several American universities, including Notre Dame and the University of Chicago. He published numerous books and articles, many of which remain as classic pieces of political and social philosophy. Professor Simon died in 1961.
Download or read book A General Theory of Magic written by Marcel Mauss and published by Routledge. This book was released on 2005-07-05 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: First written by Marcel Mauss and Henri Humbert in 1902, A General Theory of Magic gained a wide new readership when republished by Mauss in 1950. As a study of magic in 'primitive' societies and its survival today in our thoughts and social actions, it represents what Claude Lévi-Strauss called, in an introduction to that edition, the astonishing modernity of the mind of one of the century's greatest thinkers. The book offers a fascinating snapshot of magic throughout various cultures as well as deep sociological and religious insights still very much relevant today. At a period when art, magic and science appear to be crossing paths once again, A General Theory of Magic presents itself as a classic for our times.
Download or read book A General Theory of Crime written by Michael R. Gottfredson and published by . This book was released on 1990 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: By articulating a general theory of crime and related behavior, the authors present a new and comprehensive statement of what the criminological enterprise should be about. They argue that prevalent academic criminology—whether sociological, psychological, biological, or economic—has been unable to provide believable explanations of criminal behavior. The long-discarded classical tradition in criminology was based on choice and free will, and saw crime as the natural consequence of unrestrained human tendencies to seek pleasure and to avoid pain. It concerned itself with the nature of crime and paid little attention to the criminal. The scientific, or disciplinary, tradition is based on causation and determinism, and has dominated twentieth-century criminology. It concerns itself with the nature of the criminal and pays little attention to the crime itself. Though the two traditions are considered incompatible, this book brings classical and modern criminology together by requiring that their conceptions be consistent with each other and with the results of research. The authors explore the essential nature of crime, finding that scientific and popular conceptions of crime are misleading, and they assess the truth of disciplinary claims about crime, concluding that such claims are contrary to the nature of crime and, interestingly enough, to the data produced by the disciplines themselves. They then put forward their own theory of crime, which asserts that the essential element of criminality is the absence of self-control. Persons with high self-control consider the long-term consequences of their behavior; those with low self-control do not. Such control is learned, usually early in life, and once learned, is highly resistant to change. In the remainder of the book, the authors apply their theory to the persistent problems of criminology. Why are men, adolescents, and minorities more likely than their counterparts to commit criminal acts? What is the role of the school in the causation of delinquincy? To what extent could crime be reduced by providing meaningful work? Why do some societies have much lower crime rates than others? Does white-collar crime require its own theory? Is there such a thing as organized crime? In all cases, the theory forces fundamental reconsideration of the conventional wisdom of academians and crimina justic practitioners. The authors conclude by exploring the implications of the theory for the future study and control of crime.
Download or read book The General Theory of Homogenization written by Luc Tartar and published by Springer Science & Business Media. This book was released on 2009-12-03 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: Homogenization is not about periodicity, or Gamma-convergence, but about understanding which effective equations to use at macroscopic level, knowing which partial differential equations govern mesoscopic levels, without using probabilities (which destroy physical reality); instead, one uses various topologies of weak type, the G-convergence of Sergio Spagnolo, the H-convergence of François Murat and the author, and some responsible for the appearance of nonlocal effects, which many theories in continuum mechanics or physics guessed wrongly. For a better understanding of 20th century science, new mathematical tools must be introduced, like the author’s H-measures, variants by Patrick Gérard, and others yet to be discovered.
Download or read book A General Theory of Competition written by Shelby D. Hunt and published by SAGE Publications. This book was released on 1999-11-30 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hunt convincingly demonstrates that competition is not about dividing up limited resources but about creating more resources and thus competition is pro-society. This truly interdisciplinary book successfully develops a general theory of competition which is rich in explanatory breadth and depth. Consequently, executives and entrepreneuers, management consultants, public makers, and scholars and students in economics, law, political science, and business should read and study this book. —Robert F. Lusch, University of Oklahoma This book develops a new theory of competition. This theory – labeled "resource-advantage theory" – stems from no single research tradition, but draws on several different traditions in economics, management, marketing, and sociology. In this ground-breaking volume, Shelby Hunt articulates R-A theory, uses the theory to explain and predict economic phenomena, and shows how (and why) it explains and predicts such phenomena.
Download or read book Keynes and The General Theory Revisited written by Axel Kicillof and published by Routledge. This book was released on 2017-07-31 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Evolution written by Ervin Laszlo and published by . This book was released on 1996 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part one of this work outlines the general theory of the fundamental dynamics that shape the world around us. Part two goes on to review the evolution of matter in the universe, the evolution of life in the biosphere and the evolution of society in the human world.
Download or read book The Quest for a General Theory of Leadership written by George R. Goethals and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book represents a most robust look at the study of leadership while representing multiple disciplines in a quest to find agreement about leadership and theory. Russ Volckmann, International Leadership Review In this compelling book, top scholars from diverse fields describe the progress they have made in developing a general theory of leadership. Led by James MacGregor Burns, Pulitzer Prize winning author of the classic Leadership (1978), they tell the story of this intellectual venture and the conclusions and questions that arose from it. The early chapters describe how, in order to discuss an integrative theory, the group first wrestled with the nature of theory as well as basic aspects of the human condition that make leadership necessary and possible. They then tackle topics such as: the many faces of power woven into the leadership fabric; crucial elements of group dynamics and the leader follower relationship; ethical issues lying at the heart of leadership; constructivist perspectives on leadership, causality, and social change; and the historical and cultural contexts that influence and are influenced by leadership. The book concludes with a commentary by Joanne Ciulla and an Afterword by James MacGregor Burns. The contributors thorough coverage of leadership, as well as their approach to this unique undertaking, will be of great interest to leaders, students and scholars of leadership.
Download or read book The General Theory and Keynes for the 21st Century written by Sheila Dow and published by Edward Elgar Publishing. This book was released on 2018-07-27 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is devoted to the lasting impact of The General Theory (and Keynes’s thought) on macroeconomic theory, methodology and its relevance for understanding the post-crisis challenges of the 21st Century. A number of contributions take their departure from Keynes's presentation during the 1930's of his new macroeconomic understanding and its policy implications. Other chapters take a more pluralistic view of Keynes's ideas and their importance for contemporary debates. Further, it is demonstrated that many textbooks often misrepresent The General Theory and therefore cannot be a reliable guide to 21st Century economic policy.
Download or read book Einstein s General Theory of Relativity written by Brian P. Dolan and published by Cambridge University Press. This book was released on 2023-06-30 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: Einstein's general theory of relativity can be a notoriously difficult subject for students approaching it for the first time, with arcane mathematical concepts such as connection coefficients and tensors adorned with a forest of indices. This book is an elementary introduction to Einstein's theory and the physics of curved space-times that avoids these complications as much as possible. Its first half describes the physics of black holes, gravitational waves and the expanding Universe, without using tensors. Only in the second half are Einstein's field equations derived and used to explain the dynamical evolution of the early Universe and the creation of the first elements. Each chapter concludes with problem sets and technical mathematical details are given in the appendices. This short text is intended for undergraduate physics students who have taken courses in special relativity and advanced mechanics.
