Introducing Keynes

Download or read book Introducing Keynesian Economics written by Peter Pugh and published by Totem Books. This book was released on 2000 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book lucidly explains the Keynesian revolution, and paints a vivid picture of Keynes the man.

Download or read book Introducing Keynes written by Peter Pugh and published by Icon Books Ltd. This book was released on 2014-12-01 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: As we find ourselves at the cusp of an economic downturn, there has been a clear reinvigoration of Keynesian economics as governments are attempting to stimulate the market through public funds. Forming his economic theories in the wake of the Great Depression, John Maynard Keynes argued that a healthy economy depended on the total spending of consumers, business investors and, most importantly, governments too. Keynes formulated that governments should take control of the economy in the short term, rather than relying on the market, because, as he eloquently put it 'in the long run, we are all dead'. This graphic guide is the ideal introduction to one of the most influential economists of the 20th century, at a time when his theories may be crucial to our economic survival. Through a deft mixture of words and images, "Introducing Keynes" is a timely, accessible and enjoyable read.

Download or read book Keynes for Beginners written by Peter Pugh and published by Totem Books. This book was released on 1993 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Maynard Keynes is among the most brilliant and influential economists of the 20th century. His revolutionary treatise written during the Great Depression of the 1930s, The General Theory of Employment, Interest and Money, overturned the conventional free market wisdom of the time and proposed that a radical new way of creating a healthy economy and full employment depended on the total spending of consumers, business investors and governments. Frightened by mass unemployment, governments throughout the capitalist world pursued Keynesian policies until the 1970s when a new economic theory, monetarism, became fashionable. As monetarism failed to prevent the world entering another major recession, it is time to look at Keynesian remedies again.

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 423 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 Introducing Money written by Mark Peacock and published by Routledge. This book was released on 2013-10-28 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a theoretical and historical examination of the evolution of money. It is distinct from the majority of ‘economic’ approaches, for it does not see money as an outgrowth of market exchange via barter. Instead, the social, political, legal and religious origins of money are examined. The methodological and theoretical underpinning of the work is that the study of money be historically informed, and that there exists a ‘state theory of money’ that provides an alternative framework to the ‘orthodox’ view of money’s origins. The contexts for analysing the introduction of money at various historical junctures include ancient Greece, British colonial dependencies in the nineteenth and early twentieth century, and local communities which introduce ‘alternative’ currencies. The book argues that, although money is not primarily an ‘economic’ phenomenon (associated with market exchange), it has profound implications (amongst others, economic implications) for societies and habits of human thought and action.

Download or read book Keynes's Economic Consequences of the Peace after 100 Years written by Patricia Clavin and published by Cambridge University Press. This book was released on 2023-10-31 with total page 469 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a turbulent world, Keynes's warnings of a century ago are no less relevant - and some even more so.

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