The General Theory of Employment, Interest and Money is Keynes' masterpiece published right after the Great Depression. It sought to bring about a revolution, commonly referred to as the "Keynesian Revolution", in the way economists thought – especially challenging the proposition that a market economy tends naturally to restore itself to full employment on its own. Regarded widely as the cornerstone of Keynesian thought, this book challenged the established classical economics and introduced new concepts. It remains a relevant topic of debate to this day, perhaps more than ever. Given the economic turmoil of recent years, this debate is more heated than ever before, between the Keynesian model of economics of Bush and Obama which favors bailouts and other government intervention to try to stabilize the market, and the Austrian school of economics which sees government intervention as detrimental and favors letting the market sort itself out on its own with minimal government interference and regulation. You decide.
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'...among the glories of modern publishing...edited with exemplary authority and lack of fuss...' - London Review of Books
--This text refers to an out of print or unavailable edition of this title.
About the Author
John Maynard Keynes was a British economist and professor at Cambridge. He was a prolific author and lecturer and advised many governments and policy makers on economic policy. He was named by Time magazine as one of the 100 most influential people of the 20th century.
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Most Helpful Customer Reviews
180 of 183 people found the following review helpful
3.0 out of 5 stars
Be careful with the version you are purchasing, some have many errors
February 16, 2010
Format:Paperback
There are a lot of comments about the quality of the specific version of Keynes' classic "The General Theory of Employment, Interest and Money". I researched this using the Look Inside feature and found some notable differences in versions. Many publishers (such as "CreateSpace", BN) clearly used scanned copies of the original work and optical character recognition (OCR) software which results in many errors within the text. Specifically:
- within the equations, they use a "D" instead of the mathematical Delta character used in the original.
- incorrectly using or not using subscripts within the equations (i.e "Pwr" instead of "P" with subscript "wr").
- Many of the equations use the wrong greek math symbol altogether.
- In chapter 20, an important equation is rendered completely wrong.
- Other areas where the OCR created errors: "| Noreover" should be "Moreover"
- In chapter 15, one equation shows "MY=OP" where it should be "MV=OP".
Honestly, the quality of these versions is atrocious. Plus, in these cases, the footnotes are not even shown! Good lord.
The version from Signalman Publishing was found to be free of these errors. Other versions may be ok as well, but for now, the best version out there that I have found is from Signalman (link here: The General Theory of Employment, Interest and Money).
- within the equations, they use a "D" instead of the mathematical Delta character used in the original.
- incorrectly using or not using subscripts within the equations (i.e "Pwr" instead of "P" with subscript "wr").
- Many of the equations use the wrong greek math symbol altogether.
- In chapter 20, an important equation is rendered completely wrong.
- Other areas where the OCR created errors: "| Noreover" should be "Moreover"
- In chapter 15, one equation shows "MY=OP" where it should be "MV=OP".
Honestly, the quality of these versions is atrocious. Plus, in these cases, the footnotes are not even shown! Good lord.
The version from Signalman Publishing was found to be free of these errors. Other versions may be ok as well, but for now, the best version out there that I have found is from Signalman (link here: The General Theory of Employment, Interest and Money).
35 of 35 people found the following review helpful
Format:Kindle Edition|Amazon 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.
114 of 127 people found the following review helpful
By Garett Jones
Format:Hardcover
The BN edition has errors in the equations, errors that make the book incomprehensible. Find another edition of Keynes's General Theory.
Most Recent Customer Reviews
5.0 out of 5 stars
Should be required reading for all
This is a involved and semi-hard/long read - but an important one. Cuts through the intentionally murky and misleading fluff and nonsense reported on the nightly news and in... Read more
Published 1 month ago by Douglas in Denver
5.0 out of 5 stars
Great if you enjoy reading books.
I think this book is great, but only if you like reading books. If you do not like books, than this book is not for you. Read more
Published 3 months ago by Jean-Claude Van Damme
5.0 out of 5 stars
This is dense
I would recommend this to anyone who likes politics and economics. I gave it five stars because this is an important book. Read more
Published 3 months ago by C Theodore howlett III
1.0 out of 5 stars
Tripe
This book is not real economics. Only politicians and their court economists believe that digging ditches and filling them up again creates wealth.
Published 3 months ago by Jeffrey Cole
5.0 out of 5 stars
A Good Edition
Regardless of your views on Keynesian economics, this edition is well produced and easy to read. High quality paper, large text, solid binding.
Published 3 months ago by Timothy L Clouse
5.0 out of 5 stars
Great book! Explains the impetus behind uncontrolled government...
This was an excellent choice. I'm currently taking Finance in college and covered Keynesian economics extensively. Read more
Published 3 months ago by Jay Lintz
4.0 out of 5 stars
Necessary but flawed
The General Theory of Employment, Interest, and Money is a landmark work in the history of economics. Read more
Published 3 months ago by Edward Cherlin
5.0 out of 5 stars
A massive contribution to economics
This book influenced a whole generation of economists and policy makers. It is still very relevant.
Everyone today has been affected by the policies which have been... Read more
Everyone today has been affected by the policies which have been... Read more
Published 3 months ago by Tom Howard
5.0 out of 5 stars
classic macroeconomics
A must have and a must read for anyone interested in economics or finance. Very inexpensive to buy, and still relevant.
Published 3 months ago by matthew
5.0 out of 5 stars
You need this book
This is not a review of the book that many argue is that cradle of modern macroeconomics. Instead it is a peak into the brilliant mind of J.M. Keynes the investor. Read more
Published 4 months ago by eqtbooks
