Keynes's general theoryof employment.
Title: Keynes's general theoryof employment.
Category: /Business & Economy/Economics
Details: Words: 7115 | Pages: 26 (approximately 235 words/page)
Keynes's general theoryof employment.
Category: /Business & Economy/Economics
Details: Words: 7115 | Pages: 26 (approximately 235 words/page)
In 1935, while he was writing The General Theory of Employment, Interest and Money, John Maynard Keynes wrote to George Bernard Shaw, "I believe myself to be writing a book on economic theory which will largely revolutionise--not, I suppose, at once but in the course of the next ten years--the way the world thinks about economic problems."[1] Keynes was not wrong--The General Theory did cause a great change in economic thought. It disproved many traditional beliefs
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other economists. The first article by Paul A. Samuelson is informative as well as humorous.
Pigou, A.C., Keynes's 'General Theory' London: Macmillan & Co., Ltd. 1959
Robertson, D.H., Banking Policy and the Price Level New York: Augustine M. Kelley, 1949
Samuelson, Paul A., Economics 11th ed. New York: McGraw-Hill Book Company, 1980
Soule, George, Ideas of the Great Economists New York: The Viking Press, 1952
Wicksell, Knut, Selected Papers on Economic Theory Cambridge, Massachusetts: Harvard University Press, 1958