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The General Theory of Employment, Interest and Money by Keynes J.M

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List Price: £18.99
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Manufacturer: Palgrave
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Average Customer Rating:     

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Binding: Paperback Dewey Decimal Number: 330 EAN: 9780230004764 ISBN: 0230004768 Label: Palgrave Number Of Pages: 463 Publication Date: 2007-09-21 Publisher: Palgrave Studio: Palgrave
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Spotlight customer reviews:
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Customer Rating:     
Summary: Not only THE economics text...
Comment: This book provided the foundation for most economic policy (in the west at least) through the middle of the 20th century, and as such must be considered among the most important books ever published. It will show the reader why certain decisions were taken, and how we got to where we are. Even if you don't agree with Keynes' theories this is an indispensable guide for anyone who wants to understand government economic policy.
Beyond his importance as an economist however, Keynes was a member of the Bloomsbury group of artists and Bohemians, and that is reflected in his writing. This is no novel, but there are few better written economic texts.
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Summary: In the long-run, we are all dead so read this book
Comment: This book, by the farther of modern macroeconomics, is one of the most influential economic texts to date. Not only did it form the basis of the post-war consensus, in the UK, but also in Europe and Northern America.
This book, however, is worth a read in its own right. This will enable anyone to understand the budget with much more ease. Also if anyone is doing a course in Economics or Political Economy, it comes highly recommended.
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Summary: The Bible of Economics
Comment: It is on this book that all subsequent economic has either been based, or has been compared to. As a student of economics, this book is a MUST read, fully explaining the theories of Aggregate Demand and it's effects (which Classical economists will tend to ignore) and how to influence this through the AD equation. For the average reader, this book will explain much of the world around you, and will make budget speeches make much more sense. All together, possibly one of the most important economic books of all time, still pertinent and holding still truer as the current gov't holds a Keynesian course on the economy whilst it flourishes.
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Summary: The best piece of Economic literature of all time
Comment: Although this book is slightly aged after the abolition of hereditary peers and devolution for Scotland and Wales, it is still worth reading for it's excellent and comprehensive critique of New Right Policy. The book starts with how the Conservatives fused Neo liberal thought with popular policies, creating an electoral machine which won four general elections in a row. It talks about how the Conservatives managed to manipulate the uncodified British constitution to great effect during the 1930's and 1940's.
It simultaneously charts the crisis among the British Left, and the European Left in general, and how the New Labour experiment attempted to deal with this. The main thrust of the book is that the last twenty odd years have been an experiment in free market economics which have had serious effects on social cohesion, and given us the lowest paid workforce, yet the highest paid executives in Europe.
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Summary: The basis of modern economic debate
Comment: While I tend towards the opposing view of Classical economics, Keynesian economics cannot easily be argued away. Keynes' theories are the foundation of our present Federal Reserve system and remain the basis for much of modern economic thought. Definitely a must-read for any aspiring economist.
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