Details
In his most important work, THE GENERAL THEORY OF EMPLOYMENT, INTEREST, AND MONEY (1936), Keynes critiqued the laissez-faire policies of his day, particularly the proposition that a normally functioning market economy would bring full employment.
Keynes' forward-looking work transformed economics from merely a descriptive and analytic discipline into one that is policy oriented. For Keynes, enlightened government intervention in a nation's economic life was essential to curbing what he saw as the inherent inequalities and instabilities of unregulated capitalism.
Keynes' forward-looking work transformed economics from merely a descriptive and analytic discipline into one that is policy oriented. For Keynes, enlightened government intervention in a nation's economic life was essential to curbing what he saw as the inherent inequalities and instabilities of unregulated capitalism.
Additional Information
| Author | John Maynard Keynes |
|---|---|
| Publisher | Prometheus Books |
| Page Count | 403pp |
| Publication Size | 5.5" x 8.5" |
| Publication Notes | Paperback |
| Publication Date | 1997 |
| ISBN | 978-1573921398 |
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