The General Theory of Profit Equilibrium

John Maynard Keynes's seminal The General Theory of Employment, Interest and Money remains central to economic debate over sixty years after its publication. This book shows how Keynes's masterpiece is best understood not as an attempt to tackle the immediate policy issues of this age but to extend the range of thought available to economists. Understood as such, it continues to provide the most effective framework to the central issues about the functioning of the economy. The authors offer a clear exposition of Keynes's thought and its continuing relevance for economists in academic, business and government life.

Autorentext

Author Connell Fanning: Professor Connell Fanning is Director of The Keynes Centre, a business research facility which focuses on facilitating personal professional transformation and organisational development through Transformative Thinking. He joined University College Cork in 1978 and became the Professor of Economics in 1990 in which position he served until 2015. He holds primary and masters degrees from the National University of Ireland, University College, Cork and a PhD from Cornell University, New York. He is interested in the research and application of economic ideas and methods for strategic thinking in business and also in the macroeconomic theory of the business economy. He is particularly interested in using the ideas of John Maynard Keynes about how we think and especially about the role and use of theories in the way we make sense of our world. See: http://www.connellfanning.com and http://keynes.ucc.ie

Klappentext

John Maynard Keynes's seminal The General Theory of Employment, Interest and Money remains central to economic debate over sixty years after its publication. This book shows how Keynes's masterpiece is best understood not as an attempt to tackle the immediate policy issues of this age but to extend the range of thought available to economists. Understood as such, it continues to provide the most effective framework to the central issues about the functioning of the economy. The authors offer a clear exposition of Keynes's thought and its continuing relevance for economists in academic, business and government life.

Inhalt
Preface Acknowledgements Introduction: The Keynesian Evolution Keynes's Theorizing: The Marshall Connection Foundations: Units, Expectations, Income The Supply-Side The Demand-Side I: Consumption The Demand-Side II: Investment The Rate of Interest Profit-Equilibrium Wages, Prices and Money Conclusion Endnotes References Index