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The General Theory of Employment, Interest and Money [Kindle Edition]

John Maynard Keynes
3.5 out of 5 stars  See all reviews (134 customer reviews)

Print List Price: $9.99
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Book Description

From one of the most influential economists of the modern era, Keynes and his "General Theory" shaped economic thought and government policies for decades to come. Out of this magnum opus arose the Keynesian school of economics. Keynes argues that the level of employment in a modern economy was determined by three factors: the marginal propensity to consume (income that people chose to spend on goods and services), the marginal efficiency of capital (the rate used to see whether investments are worthy) and the rate of interest. This work has enormous implications to the present day in understanding the policies and that have shaped the current environment.


Editorial Reviews

Review

'The General Theory is nothing less than an epic journey out of intellectual darkness. That, as much as its continuing relevance to economic policy, is what makes it a book for the ages. Read it, and marvel.' - From the introduction by Paul Krugman

Review

The General Theory is nothing less than an epic journey out of intellectual darkness. That, as much as its continuing relevance to economic policy, is what makes it a book for the ages. Read it, and marvel.' (Paul Krugman )

Product Details

  • File Size: 783 KB
  • Print Length: 266 pages
  • Page Numbers Source ISBN: 0984061401
  • Publisher: Signalman Publishing (December 30, 2010)
  • Sold by: Amazon Digital Services, Inc.
  • Language: English
  • ASIN: B004HKJDMU
  • Text-to-Speech: Enabled
  • X-Ray:
  • Word Wise: Enabled
  • Lending: Enabled
  • Amazon Best Sellers Rank: #343,557 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

Most Helpful Customer Reviews
54 of 56 people found the following review helpful
1.0 out of 5 stars the kindle version lacks ALL footnotes! September 23, 2011
Format:Kindle Edition|Verified Purchase
I bought the kindle edition. It lacks ALL footnotes. chapters like appendix to ch 19, basically makes many of the arguments in the footnotes. They are totally gone. Do not buy the Kindle edition, not at least until you confirm what you are getting.
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128 of 142 people found the following review helpful
Format:Hardcover
The BN edition has errors in the equations, errors that make the book incomprehensible. Find another edition of Keynes's General Theory.
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366 of 456 people found the following review helpful
4.0 out of 5 stars Are We all Keynesians Now? November 27, 2001
By Louie
Format:Paperback
Are We All Keynesians Now?
Most educated Americans know something of John Maynard Keynes, the great British economist whose hugely influential work “T"The General Theory of Employment, Interest and Money", strongly influenced economic theory and practice during the last half of the twentieth century, particularly with regard to the role of government in stimulating and regulating a nation's’s economic life. Nevertheless it remains true that almost all of the "intelligentsia" in general, and most economists in particular, have never read the book, despite the fact that it is readily available in today’s mega-bookstores such as of course, Amazon.com (at a reasonable price and) in a good quality paperback.
Indeed, by a curious twist, the people who seem most to have made some attempt to read Keynes' oeuvre are those who appear most outraged by it and determined to revile it. If one is skeptical about this, (read the reviews), where veritable "frothing at the mouth" denunciations seem to dominate. These would hardly be worth reading except for the mindset they reveal, which goes far toward illuminating some of the attitudes of the 1930's otherwise inexplicable at the beginning of the twenty-first century. Their very virulence convinces one that Keynes was clearly on to something; if an author enrages half the world he must be at least half right.
Keynes detractors are right about one thing: "General Theory..." is a tough read, though not for some of the reasons they indicate. Keynes actually uses very little mathematics, the alleged prevalence of which is one of the points usually cited in criticism.
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82 of 104 people found the following review helpful
4.0 out of 5 stars May the Voice of the Prophet be Heard December 29, 2003
Format:Paperback
I do realize that very little attention will be paid to this review (it being number 30 something), but I shall persevere in my noble effort to restore some order in the court of economics and public opinion.
After seeing the amount of vitriol hurled at this book I wondered for a second if I have somehow misunderstood it, or carelessly missed a passage in which Keynes urged us to kill babies. No, John Maynard Keynes did not kill babies, nor was he as such disproved (merely disagreed with).
The abuse showered upon him is a clear and unfortunate evidence of the ideological division between (politically) liberal and conservative approach to economics, which in itself is not an exact or precise science (some would say it is not even a science) and lacks sufficient rigor to have anything beyond trivial proved or disproved (I, personally, prefer the phrasing along the lines of "convincingly demonstrate") within its framework. With all this in mind economics quite often provides ample room for opposing views, especially when views are not directly conflicting, except when viewed through polarizing lens of ideology.
The "conservative" economists along the lines of Friedman and Hayek, so frequently mentioned as anti-thesis of Keynes preached (in my gross simplification) free markets and government non-intervention, which while a valid perspective hardly merits a nearly religious fervor.
Keynes, or any other sensible theoretical economist, would agree that free-markets are a good idea in principle, which is seldom if ever realized.
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26 of 31 people found the following review helpful
1.0 out of 5 stars Horribly formatted September 7, 2008
Format:Kindle Edition
This version is virtually unreadable, due to its terrible formatting, which clearly no one bothered to even glance at after some kind of machine translation from another format.
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11 of 12 people found the following review helpful
2.0 out of 5 stars A Poor Edition of a Great Book November 18, 2009
Format:Paperback
The General Theory of Employment, Interest and Money is one of the great works in economics, and is a must read for anyone who pretends to know anything about macroeconomics. But this edition of the book is flawed. Keynes's footnotes are missing! Some of them are integral to understanding the book, so leaving them out is a major mistake. Another reviewer has already complained that some of Keynes's equations were mangled. How could a publisher mangle a great work like this?
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10 of 11 people found the following review helpful
5.0 out of 5 stars classic thome, archaic prose July 23, 2011
By msm
Format:Paperback|Verified Purchase
There's a huge gap between what Keynes wrote down in this book and what both his opponents and advocates call kKynesianism. This book is worth reading if you want to know the difference. It's also worth reading if you want more than the wikipedia entry on the book. Beware: it's very abstract and archaic, so it's a long hard slog.
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34 of 44 people found the following review helpful
3.0 out of 5 stars Difficult to read, but influential January 11, 2001
Format:Paperback
Keynes, for better or worse, must be counted the most important economist of the 20th century. This is his most influential work, and no person who desires a basic education in economics should be unaware of its contents. Unfortunately, it is at times almost incomprehensible. Particularly maddening is Keynes' penchant for merely dismissing competing theories with which he disagrees without discussing why he disagrees. I found this suspicious since Keynes was brilliant - it couldn't possibly be because he didn't understand those other theories. I suspect he understood them all too well and recognized their threat to his own work.
Plowing through this book will pay off, but you may not enjoy it. The reader should be advised, however, that according to Keynes' good friend (and opposing theorist) Frederich Hayek, shortly before his death Keynes told Hayek he disavowed this book in general. Hayek's account can be read in "Hayek on Hayek."
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Most Recent Customer Reviews
1.0 out of 5 stars One Star
Very hard read as many have said.
Published 1 day ago by drtbar
5.0 out of 5 stars the return of the master (see Skidesky!!!)
we can't know economics without knowing Keynes!!
Published 7 days ago by david gabriel
1.0 out of 5 stars Interesting approach, but not only couldn't stand the test ...
Interesting approach, but not only couldn't stand the test of time in theory, but disproved line by line by Henry Hazlett.
Published 10 days ago by Keith
5.0 out of 5 stars Five Stars
Great product... arrived on-time as advertised... strongly recommend to all!!!
Published 17 days ago by agladkikhmba
1.0 out of 5 stars One Star
Unfortunately, one needs to read this very wrong book to understand the fallacies of Keynesianism.
Published 2 months ago by Cristiano
5.0 out of 5 stars great book now has great introduction
this is a nice, legible edition of a great book at a reasonable price. what makes it particularly valuable, however, is the thoughtful and readable introduction by paul krugman. Read more
Published 2 months ago by A. John Silver
5.0 out of 5 stars Favorite Economist of Obama and an abomination to economic theory
Favorite economist of Barack Obama. Last chapter is very telling that democracy/capitalism is merely a stepping stone to socialism. Read more
Published 2 months ago by Pegasus-rtf
5.0 out of 5 stars Five Stars
GOOD
Published 2 months ago by Curtis Ackeret
5.0 out of 5 stars Five Stars
The seminal material for economics
Published 2 months ago by Stevebbb
5.0 out of 5 stars A cornerstone ...
This is a classic in history of economic theory. What more can be said?
Published 3 months ago by Kevin (sandersk@ohiou.edu)
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