Understanding Keynes' General Theory

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.

'The author is faithful to the General Theory while bringing in prior and following writings of Keynes at the proper places in the arguments, as well as making judicious use of secondary sources. Students should come away from reading this fine book with a very good overview as well as knowledge of the details of the General Theory and its setting.' - G.C. Harcourt, Jesus College, Cambridge, UK

Autorentext
BRENDAN SHEEHAN has lectured in economics and political economy since 1987. His undergraduate degree was taken at Manchester Metropolitan University, UK. He completed a Masters in Philosophy in Economics at the University of Cambridge in 1985.

Inhalt
Preface A Primer for the General Theory Classical Macro-economic Theory: The Special Case Aggregate Effective Demand The Propensity to Consume and the Multiplier Consumption and Effective Demand The Practical Theory of the Future The Inducement to Invest: A Theory of Investment Fluctuations in the Inducement to Invest Money Wages, Effective Demand and Employment Prices and Real Wages Employment and Unemployment Public Policy Implications The Classics, Keynes and the Keynesian Mainstream