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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.
John Maynard Keynes is among the most brilliant and influential economists of the 20th century. His revolutionary treatise written during the Great Depression o
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 stimulat
Back to the future: a heterodox economist rewrites Keynes's General Theory of Employment, Interest, and Money to serve as the basis for a macroeconomics for the
John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and * is un
An introduction to the Western economic system considers investment, business cycles, the free market, recession, and the energy crisis and looks at the theorie