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Author : John Hicks
Publisher : Unknown
Page : 376 pages
File Size : 46,6 Mb
Release : 1982
Category : Business & Economics
ISBN : STANFORD:36105039424036
Premonitions; Reactions; Preparations; A new start.
Author : John Maynard Keynes
Publisher : Springer
Page : 404 pages
File Size : 55,7 Mb
Release : 2018-07-20
Category : Business & Economics
ISBN : 9783319703442
This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.
Author : John Hicks
Publisher : Unknown
Page : 366 pages
File Size : 49,5 Mb
Release : 1982-07-01
Category : Business & Economics
ISBN : 0674137426
Author : John Maynard Keynes
Publisher : Unknown
Page : 0 pages
File Size : 48,5 Mb
Release : 1991
Category : Economics
ISBN : LCCN:48031064
Author : Adam Smith,David Ricardo,Karl Marx,Alfred Marshall,John Maynard Keynes
Publisher : Strelbytskyy Multimedia Publishing
Page : 128 pages
File Size : 41,8 Mb
Release : 2021-11-10
Category : Business & Economics
ISBN : PKEY:SMP2200000097323
Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources. Economics can generally be broken down into macroeconomics, which concentrates on the behavior of the economy as a whole, and microeconomics, which focuses on individual people and businesses. The founding of modern Western economics generally credited to the publication of Scottish philosopher Adam Smith's 1776 book, An Inquiry Into the Nature and Causes of the Wealth of Nations. In this book, the classic works of the founders of economic theory are selected. The Wealth of Nations by Adam Smith On the Principles of Political Economy and Taxation by David Ricardo Capital by Karl Marx Principles of Economics by Alfred Marshall The General Theory of Employment, Interest, and Money by John Maynard Keynes
Author : John Bates Clark
Publisher : Cosimo, Inc.
Page : 477 pages
File Size : 51,7 Mb
Release : 2005-09-01
Category : Business & Economics
ISBN : 9781596052529
What would be the rate of wages, if labor and capital were to remain fixed in quantity, if improvements in the mode of production were to stop, if the consolidating of capital were to cease and if the wants of consumers were never to alter? The question assumes, of course, that industry shall go on, and that, notwithstanding a paralysis of the forces of progress, wealth shall continue to be created under the influence of a perfectly unobstructed competition. -from the Preface John Bates Clark was the first American economist with an international reputation-this revolutionary 1899 work is what brought him that distinction. In clear, lucid language that makes his economic philosophy so plain we take it for granted today, Clark lays out his Marginal Productivity Theory of Distribution, a rebuttal to Marx and an apologetic for capitalism. Insisting that in a competitive market economy, all work is fully and fairly recompensed and all labor and capital are, in a very real sense, equal components, Clark shattered then widely held theories of economics with his groundbreaking thesis. And his work continues to influence the global financial situation today. American economist JOHN BATES CLARK (1847-1938), who also wrote the significant The Philosophy of Wealth (1885), was professor of political economy at Columbia University and one of the founders of the American Economic Association. The prestigious John Bates Clark Medal for economic thought is named for him.
Author : Dudley Dillard
Publisher : Pickle Partners Publishing
Page : 260 pages
File Size : 45,7 Mb
Release : 2018-09-03
Category : Business & Economics
ISBN : 9781789122299
The Economics of John Maynard Keynes: The Theory of Monetary Economy by Dudley Dillard seeks to make The General Theory of Employment, Interest and Money by John Maynard Keynes understandable to both the economist and to the non-economist. First published in 1948 and since translated into over 10 languages, Dr. Dillard’s book has been widely regarded as the seminal scholarship on the monetary aspects of Keynesian economics. In addition to explaining the economic theories of Keynes, Dillard also includes a chapter on Keynes’s philosophical development and the “social philosophy toward which it leads.” Throughout the book, Dillard provides summaries and examines Keynes’ concepts on employment, income, saving, marginal propensity to consume, the investment multiplier, fiscal policy, post-war inflation, interest, and wages.
Author : Joseph W. Conard
Publisher : University of California Press
Page : 396 pages
File Size : 50,5 Mb
Release : 2021-01-08
Category : Business & Economics
ISBN : 9780520363946
This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1959.
Author : John Keynes
Publisher : Unknown
Page : 428 pages
File Size : 45,8 Mb
Release : 2017-04-04
Category : Electronic
ISBN : 1520995814
The General Theory of Employment, Interest and Money was written by the English economist John Maynard Keynes. The book, generally considered to be his magnum opus, is largely credited with creating the terminology and shape of modern macroeconomics. Published in February 1936, it sought to bring about a revolution, commonly referred to as the "Keynesian Revolution", in the way economists thought - especially in relation to the proposition that a market economy tends naturally to restore itself to full employment after temporary shocks. Regarded widely as the cornerstone of Keynesian thought, the book challenged the established classical economics and introduced important concepts such as the consumption function, the multiplier, the marginal efficiency of capital, the principle of effective demand and liquidity preference. The central argument of The General Theory is that the level of employment is determined, not by the price of labour as in neoclassical economics, but by the spending of money (aggregate demand). Keynes argues that it is wrong to assume that competitive markets will in the long run deliver full employment or that full employment is the natural, self-righting, equilibrium state of a monetary economy. On the contrary, under-employment and under-investment are likely to be the natural state unless active measures are taken. One implication of The General Theory is that an absence of competition is not the main issue regarding unemployment, and that even reducing wages or benefits have no major effect.
Author : John Collins
Publisher : CRC Press
Page : 106 pages
File Size : 48,6 Mb
Release : 2017-07-05
Category : Business & Economics
ISBN : 9781351351324
John Maynard Keynes’s 1936 General Theory of Employment, Interest and Money is a perfect example of the global power of critical thinking. A radical reconsideration of some of the founding principles and accepted axioms of classical economics at the time, it provoked a revolution in economic thought and government economic policies across the world. Unsurprisingly, Keynes’s closely argued refutation of the then accepted grounds of economics employs all the key critical thinking skills: analysing and evaluating the old theories and their weaknesses; interpreting and clarifying his own fundamental terms and ideas; problem solving; and using creative thinking to go beyond the old economic theories. Perhaps above all, however, the General Theory is a masterclass in problem solving. Good problem solvers identify their problem, offer a methodology for solving it, and suggest solutions. For Keynes the problem was both real and theoretical: unemployment. A major issue for governments during the Great Depression, unemployment was also a problem for classical economics. In classical economics, theoretically, unemployment would always disappear. Keynes offered both an explanation of why this was not the case in practice, and a range of solutions that could be implemented through government monetary policy.
Author : Edmund S. Phelps
Publisher : Academic Press
Page : 433 pages
File Size : 44,6 Mb
Release : 2014-05-10
Category : Political Science
ISBN : 9781483271187
Studies in Macroeconomic Theory, Volume 1: Employment and Inflation is a collection of scholarly papers that accounts the development of a microeconomic theory of wage and price decisions and commitments. The book presents some features of the modern inflationary process and makes sense of some still accepted elements in the postclassical macroeconomics of Keynes and Phillips. The papers in this volume are grouped into seven sections. Part I describes disequilibrium models of employment. Part II gives closer scrutiny to the idea of the "natural" rate of unemployment. Part III studies the welfare economics of inflation in an equilibrium context. The fourth part deals with inflation planning. The papers in Part V discuss hypotheses about the causes of the rise in the rate of inflation in two historical episodes: the American inflation between 1955 - 1957 and 1972 - 1974. Part VI addresses some questions in the theory of economic stabilization by monetary and fiscal policy. The final section of this volume attempts to apply to matters of stochastic social choice, stabilization policy being one instance of such a choice, the conception of justice advanced by Rawls. The compendium will be of value to economists and economic policy makers.
Author : J. A. Hobson
Publisher : Routledge
Page : 80 pages
File Size : 41,9 Mb
Release : 2010-07-02
Category : Business & Economics
ISBN : 9781136921841
First published in 1913, this Routledge Revivals title reissues J. A. Hobson’s seminal analysis of the causal link between the rise in gold prices and the increase in wages and consumer buying power in the early years of the Twentieth Century. Contrary to the assertions of some notable contemporary economists and businessmen, Hobson contended that the relationship between gold prices and wages (and the resulting social unrest across much of Europe) was in fact much more complex than it initially appeared and that there were significantly more important factors in the rise of contemporary wealth, such as the rapid enlargement of state enterprise and joint stock companies; a wide extension of banking and general financial apparatus; and the opening of profitable fields of investment for the development of underdeveloped countries, which helped raise the rate of interest and profits.
Author : Frank William Taussig
Publisher : Unknown
Page : 360 pages
File Size : 54,8 Mb
Release : 1896
Category : Business & Economics
ISBN : HARVARD:32044004810974
Author : John Hicks
Publisher : Oxford [Eng.] : Clarendon Press
Page : 232 pages
File Size : 54,9 Mb
Release : 1977-08-11
Category : Business & Economics
ISBN : STANFORD:36105036963655
This collection of essays on money and growth brings together the work of Sir John Hicks. Including two previously unpublished essays, this collection is sure to make readers view Hicks work in a new light.
Author : Colin Rogers
Publisher : Cambridge University Press
Page : 340 pages
File Size : 55,7 Mb
Release : 1989-05-11
Category : Business & Economics
ISBN : 0521359562
The novel feature of this study is the application of Keynes' principle of effective demand to demonstrate the existence of a long-run unemployment equilibrium without the assumption of rigid wages.
