Author: Walter BagehotPublisher:
ISBN:
Category : Capital
Languages : en
Pages : 136
Book Description
The Postulates of English Political Economy
Author: Walter BagehotPublisher:
ISBN:
Category : Capital
Languages : en
Pages : 136
Book Description
The Postulates of English Political Economy
Author: Walter BagehotPublisher: New York ; London : G.P. Putnam's Sons
ISBN:
Category : Capital
Languages : en
Pages : 136
Book Description
A History of Political Economy
Author: John Kells IngramPublisher:
ISBN:
Category : Economics
Languages : en
Pages : 352
Book Description
General Theory Of Employment , Interest And Money
Author: John Maynard KeynesPublisher: Atlantic Publishers & Dist
ISBN: 9788126905911
Category : Business & Economics
Languages : en
Pages : 410
Book Description
John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and * is undoubtedly the century's most important book on economics--strongly influencing economic theory and practice, particularly with regard to the role of government in stimulating and regulating a nation's economic life. Keynes's work has undergone significant revaluation in recent years, and "Keynesian" views which have been widely defended for so long are now perceived as at odds with Keynes's own thinking. Recent scholarship and research has demonstrated considerable rivalry and controversy concerning the proper interpretation of Keynes's works, such that recourse to the original text is all the more important. Although considered by a few critics that the sentence structures of the book are quite incomprehensible and almost unbearable to read, the book is an essential reading for all those who desire a basic education in economics. The key to understanding Keynes is the notion that at particular times in the business cycle, an economy can become over-productive (or under-consumptive) and thus, a vicious spiral is begun that results in massive layoffs and cuts in production as businesses attempt to equilibrate aggregate supply and demand. Thus, full employment is only one of many or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to boost or stimulate demand to produce full employment. This something could be business investment but because of the logic and individualist nature of investment decisions, it is unlikely to rapidly restore full employment. Keynes logically seizes upon the public budget and government expenditures as the quickest way to restore full employment. Borrowing the * to finance the deficit from private households and businesses is a quick, direct way to restore full employment while at the same time, redirecting or siphoning
The Best Books
Author: William Swan SonnenscheinPublisher:
ISBN:
Category : Best books
Languages : en
Pages : 1146
Book Description
Economic Studies
Author: Walter BagehotThe Development of Economics
Author: Arthur Robert BurnsPublisher:
ISBN:
Category : History
Languages : en
Pages : 368
Book Description
This is a reproduction of the original artefact. Generally these books are created from careful scans of the original. This allows us to preserve the book accurately and present it in the way the author intended. Since the original versions are generally quite old, there may occasionally be certain imperfections within these reproductions. We're happy to make these classics available again for future generations to enjoy!
The Development of Economics, 1750-1900
Author: Oswald Fred BouckePublisher:
ISBN:
Category : Economics
Languages : en
Pages : 464
Book Description
The Cambridge Review
Author: Catalogue of the Illinois state library. W.H. Hinrichsen, librarian
Author: Springfield Ill, Illinois state librPublisher:
ISBN:
Category :
Languages : en
Pages : 534
Book Description