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John Maynard Keynes (1883–1946)

Teoksen The General Theory of Employment, Interest, and Money tekijä

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Tietoja tekijästä

John Maynard Keynes, an English economist, is regarded as the most important and influential economist of the twentieth century, if not of all time. A brilliant child, he wrestled with the economic meaning of interest before he was 5 years old. He excelled both as a student and as a member of the näytä lisää debating team at Eton. His reputation at King's College at Cambridge University was such that he was invited to weekly breakfasts with economist A. C. Pigou, and even Alfred Marshall begged him to become a professional economist. He was elected president of the Union, the most important nongovernmental debating society in the world, and his close friends included the intellectual members of the Bloomsbury group. Keynes was described as a phenomenon---and all of this took place before he graduated from Cambridge. After graduating in 1905, Keynes took a civil service post in India. Bored with his job, he resigned and returned to Cambridge to teach. In 1912 he assumed the editorship of the Economic Journal, the leading journal in Britain at the time, continuing in the post for 33 years. His first major book, Indian Currency and Finance (1913), was an immediate success. He took part in the Paris Peace Conference as a representative of the Treasury. Later he held several other government advisory posts, served as a director of the Bank of England, and was president of an insurance company. In addition, Keynes was a noted patron of the arts and married the most beautiful and popular ballerina of his era. As if this weren't enough, he managed to amass a small fortune by investing in stocks and foreign currencies in his spare time. At the Paris Peace Conference, Keynes became so dismayed by the harsh terms imposed on Germany in the Treaty of Versailles that he resigned in anger several days before the treaty was signed. He then wrote The Economic Consequences of the Peace (1919), which outlined the folly of the treaty. Being a man of many interests, Keynes next took a brief break from economics to publish A Treatise on Probability (1921), which Bertrand Russell (see Vols. 4 and 5) described as "impossible to praise too highly." Keynes's A Tract on Monetary Reform (1923) was a rather technical book that questioned the value of the gold standard over a managed paper currency. A Treatise on Money (1930), which explored the business cycle, was followed by Essays in Persuasion (1931) and Essays in Biography (1933). The General Theory of Employment, Interest and Money, published in 1936, was Keynes's crowning achievement, and it took the world by storm. According to Keynes, the economy could be thought of as being divided into consumer, investment (or business), government, and foreign sectors. This was hardly a novel idea, but Keynes went on to postulate the exact nature of expenditures in each sector, especially the spending patterns of the consumer sector, which he portrayed by using a graph he called a "consumption function." He reasoned that fluctuations in total economic activity could be traced to instability in the business sector, which had a multiplier effect on the rest of the economy. The relationship specified in The General Theory were tantalizing to economists, because they could be tested and empirically verified. Subsequent research largely confirmed Keynes's propositions. Soon governments, including that of the United States, began to develop a set of national income accounts to provide estimates of gross national product and national income. The General Theory was also popular because it offered policy prescriptions to help deal with the problems of depression, recession, and unemployment. Today the term "Keynesian" is used to describe individuals or policies that use taxation and government spending to affect aggregate economic performance. (Bowker Author Biography) näytä vähemmän
Image credit: From Owen Barfield Website


Tekijän teokset

Essays in Persuasion (1962) 275 kappaletta
A Treatise on Probability (1962) 140 kappaletta
The Essential Keynes (2015) 90 kappaletta
Essays in Biography (1600) 57 kappaletta
Essays and Sketches in Biography (1951) 20 kappaletta
Indian Currency and Finance (1971) 19 kappaletta
A Revision of the Treaty (1922) 16 kappaletta
Crítica de la economía clásica (1983) 12 kappaletta
The End of Laissez-Faire (1927) 11 kappaletta
Come uscire dalla crisi (2001) 7 kappaletta
Le mie prime convinzioni (2012) 7 kappaletta
L'assurdità dei sacrifici (1995) 5 kappaletta
La Pauvreté dans l'abondance (2002) 4 kappaletta
Laissez faire e comunismo (2007) 3 kappaletta
La revisione del trattato (2019) 3 kappaletta
Moneta internazionale (2016) 3 kappaletta
Keynes 2 kappaletta
Os Pensadores 1 kappale
Izabrana djela 1 kappale
Saggi politici 1 kappale
Johann Sebastian Bach. (2003) 1 kappale

Associated Works

Awakenings (1973) — Avustaja, eräät painokset2,474 kappaletta
An Essay on the Principle of Population (1798) — Esipuhe, eräät painokset902 kappaletta
The World of Mathematics, Volume 1 (1956) — Avustaja — 125 kappaletta
The World of Mathematics, Volume 2 (1956) — Avustaja — 119 kappaletta
The Penguin Book of Twentieth-Century Protest (1998) — Avustaja — 31 kappaletta
The liberal tradition in European thought (1971) — Avustaja, eräät painokset17 kappaletta
Britain's Industrial Future (1928) — Avustaja — 13 kappaletta
Essays in liberalism (1922) — Avustaja — 5 kappaletta
Liberal Points of View (1927) — Avustaja — 2 kappaletta

Merkitty avainsanalla




age wear and some staining, but VG overall - historically signiificant
Merkitty asiattomaksi
JMS62 | 7 muuta kirja-arvostelua | Apr 5, 2023 |
'...among the glories of modern publishing...edited with exemplary authority and lack of fuss...' - London Review of Books This definitive edition contains all Keynes's published writings, including less accessible articles and letters to the press, as well as previously unpublished speeches, government memoranda and minutes, drafts and economic correspondence. No other writer in this century has done more than Maynard Keynes to change the ways in which economics is taught written. No other economist has done more to change the ways in which nations conduct their economic and financial affairs. The Collected Writings are indispensable to all economists. They are a vital reference work for students, academics and professionals alike.… (lisätietoja)
Merkitty asiattomaksi
LarkinPubs | 11 muuta kirja-arvostelua | Mar 1, 2023 |
Merkitty asiattomaksi
archivomorero | Jun 27, 2022 |



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