Download or read book John Maynard Keynes Father of Modern Economics written by R. F. Victor and published by . This book was released on 1972 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays in Biography written by John Maynard Keynes and published by Pickle Partners Publishing. This book was released on 2018-02-27 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Of the fifteen famous scientists, economists and statesmen sketched in this collection of essays, which was first published in 1933, John Maynard Keynes was directly acquainted with all but three. The unique quality of immediacy in these biographical fragments contributes immensely to our more intimate appreciation of the historical significance of these men. This volume is made up of two parts: The first part, titled Sketches of Politicians, includes chapters on Lloyd George, Bonar Law, Lord Oxford and Sir Winston Churchill. The greater portion of the second part, Lives of Economists, is taken up with the lives of Robert Malthun, Alfred Marshall and F. Y. Edgeworth. All are literature, and the reader needn’t be an economist or a specialist to enjoy the excellent flavor of Keynes’ style of writing.
Download or read book Keynes Hayek The Clash that Defined Modern Economics written by Nicholas Wapshott and published by W. W. Norton & Company. This book was released on 2011-10-11 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: “I defy anybody—Keynesian, Hayekian, or uncommitted—to read [Wapshott’s] work and not learn something new.”—John Cassidy, The New Yorker As the stock market crash of 1929 plunged the world into turmoil, two men emerged with competing claims on how to restore balance to economies gone awry. John Maynard Keynes, the mercurial Cambridge economist, believed that government had a duty to spend when others would not. He met his opposite in a little-known Austrian economics professor, Freidrich Hayek, who considered attempts to intervene both pointless and potentially dangerous. The battle lines thus drawn, Keynesian economics would dominate for decades and coincide with an era of unprecedented prosperity, but conservative economists and political leaders would eventually embrace and execute Hayek's contrary vision. From their first face-to-face encounter to the heated arguments between their ardent disciples, Nicholas Wapshott here unearths the contemporary relevance of Keynes and Hayek, as present-day arguments over the virtues of the free market and government intervention rage with the same ferocity as they did in the 1930s.
Download or read book The General Theory of Employment Interest and Money written by John Maynard Keynes and published by Springer. This book was released on 2018-07-20 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.
Download or read book Finance Development September 2014 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 2014-08-25 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This chapter discusses various past and future aspects of the global economy. There has been a huge transformation of the global economy in the last several years. Articles on the future of energy in the global economy by Jeffrey Ball and on measuring inequality by Jonathan Ostry and Andrew Berg are also illustrated. Since the 2008 global crisis, global economists must change the way they look at the world.
Download or read book The Elgar Companion to John Maynard Keynes written by Robert W. Dimand and published by Edward Elgar Publishing. This book was released on 2019 with total page 672 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most influential and controversial economist of the twentieth century, John Maynard Keynes was the leading founder of modern macroeconomics, and was also an important historical figure as a critic of the Versailles Peace Treaty after World War I and an architect of the Bretton Woods international monetary system after World War II. This comprehensive Companion elucidates his contributions, his significance, his historical context and his continuing legacy.
Download or read book The Economic Consequences of the Peace written by John Maynard Keynes and published by Simon and Schuster. This book was released on 2016-09-27 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new edition of the seminal text by the father of modern economics. First published in 1919, John Maynard Keynes’s The Economic Consequences of the Peace created immediate controversy. Keynes was a firsthand witness to the negotiations of the Paris Peace Conference, as an official representative of the British Treasury, and he simultaneously sat as deputy for the chancellor of the Exchequer on the Supreme Economic Council. In these roles, he was able to perceive with great clarity the tenor and perspective that would come to shape Europe after the First World War. What he saw disturbed him greatly, and eventually he resigned from both these roles, convinced that there was no longer any way to avoid an unjust peace treaty. After his resignation, Keynes began work on The Economic Consequences of the Peace, which argues that the peace made at the end of World War I was an unfair, dehumanizing one for Germany and the other vanquished countries. Keynes’s warning proved prophetic when Hitler and the Nazi Party rose to power fourteen years later as a direct result of the disastrous economic condition in Germany. Keynes’s predictions helped cement his status as one of history’s leading economists. His works are essential reading today for anyone who wishes to understand modern governments and economies. This edition also includes an introduction from former Chairman of the Federal Reserve Paul Volcker, who elegantly contextualizes the continuing relevance of Keynes’s work to contemporary society.
Download or read book Keynes and Modern Economics written by Ryuzo Kuroki and published by Routledge. This book was released on 2012-08-21 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is a little over seventy years since John Maynard Keynes produced his magnum opus, The General Theory of Employment, Interest, and Money. Keynes' staggering achievement has been to remain relevant to economics and other disciplines even today and this book reflects that with an examination on his influence on modern economics. Leading economists from a variety of backgrounds, including Ed Nell and Heinz Kurz have joined forces in this volume with internationally respected Japanese scholars to produce a strong collection of contributions to the debate on Keynes' monumental legacy. This book will be vital reading for historians of economic thought, economic methodologists as well as those economists with an interest in the overall development of their discipline.
Download or read book John Maynard Keynes written by Donald Edward Moggridge and published by Harmondsworth, Eng. : Penguin Books. This book was released on 1976 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 Biography of an Idea written by David Felix and published by Routledge. This book was released on 2017-10-19 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: The culmination of John Maynard Keynes's thought and lifework was The General Theory of Employment, Interest and Money. Here, placing it in the context of his era, David Felix examines the evolution of Keynes's theorizing. He boldly claims that The General Theory lacks logical and factual support as pure theory, but is an achievement of great statesmanship in political economy. Felix argues that Keynes's ideas have misled successive generations of students and practitioners. He suggests that a more discriminating view of his thought can reconcile Keynesian views with neoclassical theory and replace the false synthesis that dominates contemporary text-books with a truer one. Biography of an Idea devotes four chapters to an analysis of The General Theory and an examination of the economic logic of Keynes. The author disentangles the work's fundamentally simple theses from its difficult technical pre-sentation. He shows how Keynes shaped his economic model as he did as an effort to win public support for sensible policies that clashed with generally accepted beliefs of the time. Biography of an Idea is bound to be controversial due to the many cohorts of economists who have been trained in macroeconomics according to Keynes. It will be of interest and ac-cessible to intellectually curious laymen and students, and important to economists, historians, and political scientists.
Download or read book The Making of Modern Economics written by Mark Skousen and published by Routledge. This book was released on 2015-01-28 with total page 770 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here is a bold history of economics - the dramatic story of how the great economic thinkers built today's rigorous social science. Noted financial writer and economist Mark Skousen has revised and updated this popular work to provide more material on Adam Smith and Karl Marx, and expanded coverage of Joseph Stiglitz, 'imperfect' markets, and behavioral economics.This comprehensive, yet accessible introduction to the major economic philosophers of the past 225 years begins with Adam Smith and continues through the present day. The text examines the contributions made by each individual to our understanding of the role of the economist, the science of economics, and economic theory. To make the work more engaging, boxes in each chapter highlight little-known - and often amusing - facts about the economists' personal lives that affected their work.
Download or read book Keynes and the Modern World written by George David Norman Worswick and published by CUP Archive. This book was released on 1983-12-22 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents the proceedings of the major conference held to celebrate the centenary of the birth of John Maynard Keynes at King's College, Cambridge. It brings together major international figures in economics and looks at Keynesian economics and the relevance of Keyne's ideas today. In addition to the main speakers and discussants, summaries of the discussions on each paper and memoirs of Maynard Keynes from Sir Austin Robinson, Richard Braithwaite and James Meade are also included.
Download or read book The Economic Consequences of Peace written by John Maynard Keynes and published by Createspace Independent Publishing Platform. This book was released on 2014-12-24 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Maynard Keynes (5 June 1883 - 21 April 1946), was a British economist whose ideas have profoundly affected the theory and practice of modern macroeconomics, as well as the economic policies of governments. He greatly refined earlier work on the causes of business cycles, and advocated the use of fiscal and monetary measures to mitigate the adverse effects of economic recessions and depressions. In the 1930s, Keynes spearheaded a revolution in economic thinking, overturning the older ideas of neoclassical economics. His ideas are the basis for the school of thought known as Keynesian economics. The Economic Consequences of the Peace was written in 1919. Keynes attended the Versailles Conference as a delegate of the British Treasury and argued for a much more generous peace. It was a best seller throughout the world and was critical in establishing a general opinion that the Versailles Treaty was a "Carthaginian peace." It helped to consolidate American public opinion against the treaty and involvement in the League of Nations.
Download or read book A Tract on Monetary Reform written by John Maynard Keynes and published by Pickle Partners Publishing. This book was released on 2018-03-12 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: In A Tract on Monetary Reform, which was first published in 1923, British economist John Maynard Keynes argues that the objects of British government should be the stability of trade, price, and employment. The gold reserve should be demonetized. However, this does not mean that gold serves absolutely no purpose anymore. Rather, it is a store of value and a means of correcting the influence of a temporarily adverse balance of payment. “This is a very brilliant as well as a very important book. Like all that Mr. Keynes writers, it is full of matter, and also full of wit...If any argument were wanted to show that whether we like it or not, we must tackle the monetary problem, it is to be found in Mr. Keynes’s book. It is a bright light, and though it may, if misused, do harm to the eyesight of some people, it throws a light, and a true light, on the world’s dilemma.”—The Spectator
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 Treatise on Probability written by John Maynard Keynes and published by Cosimo, Inc.. This book was released on 2006-06-01 with total page 485 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is, first of all, the distinction between that part of our belief which is rational and that part which is not. If a man believes something for a reason which is preposterous or for no reason at all, and what he believes turns out to be true for some reason not known to him, he cannot be said to believe it rationally, although he believes it and it is in fact true. On the other hand, a man may rationally believe a proposition to be probable, when it is in fact false. -from Chapter II: Probability in Relation to the Theory of Knowledge" His fame as an economist aside, John Maynard Keynes may be best remembered for saying, "In the long run, we are all dead." That phrase may well be the most succinct expression of the theory of probability every uttered. For a longer explanation of the premise that underlies much of modern mathematics and science, Keynes's A Treatise on Probability is essential reading. First published in 1920, this is the foundational work of probability theory, which helped establish the author's enormous influence on modern economic and even political theories. Exploring aspects of randomness and chance, inductive reasoning and logical statistics, this is a work that belongs in the library of any interested in numbers and their application in the real world. AUTHOR BIO: British economist JOHN MAYNARD KEYNES (1883-1946) also wrote The Economic Consequences of the Peace (1919), The End of Laissez-Faire (1926), The Means to Prosperity (1933), and General Theory of Employment, Interest and Money (1936).
