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Life Of John Maynard Keynes
 
 
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Life Of John Maynard Keynes [Paperback]

Roy Harrod (Author)
3.0 out of 5 stars  See all reviews (2 customer reviews)

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Product Details

  • Paperback: 708 pages
  • Publisher: W. W. Norton and Company, Inc. (January 17, 1983)
  • Language: English
  • ISBN-10: 0393300242
  • ISBN-13: 978-0393300246
  • Product Dimensions: 8 x 5 x 1.6 inches
  • Shipping Weight: 1.6 pounds (View shipping rates and policies)
  • Average Customer Review: 3.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #1,837,549 in Books (See Top 100 in Books)

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2 of 3 people found the following review helpful:
3.0 out of 5 stars 2.5 stars-Harrod simply didn't understand what Keynes had done in the GT and TP, December 25, 2009
By 
Michael Emmett Brady "mandmbrady" (Bellflower, California ,United States) - See all my reviews
(VINE VOICE)    (REAL NAME)   
This review is from: Life Of John Maynard Keynes (Paperback)
Harrod's biography is a good read if the reader is simply interested in general information about Keynes concerning his background,where he went to school,his friends and assocates,his multifacted and varied interests and successes in many different areas of life,etc.
The problem is that Harrod never understood the technical nature of the A Treatise on Probability or General Theory(GT).He basically concluded that the GT WAS the Chapter 10 analysis that revolved around the marginal propensity ot consume(mpc),the multiplier,and the Y=C+I model where C=bY,where b=mpc and 0<b<1.A major error presented in the book by Harrod was Harrod's belief and claim that Richard Kahn helped Keynes write the GT because of his involvement with the multiplier in his June ,1931 article in the Economic Journal.The actual fact is that Keynes had already developed the multiplier mathematically years before Kahn published his article in 1931.Keynes delayed publishing his own analysis because he wanted to make sure that the economic rationale was correct.Kahn's contribution was to correctly explain the multiplier economically at the macrolevel .Interestingly,Keynes had already applied the mathematics upon which the multiplier concept was built in chapter 26 of the TP,1921 in Footnote 1 on p.315 when Kahn was just a 16 years old teenager.
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1 of 2 people found the following review helpful:
3.0 out of 5 stars Satisfactory.. but it's a shame, June 11, 2010
This review is from: Life Of John Maynard Keynes (Paperback)
After finishing this book I felt disappointed. I wanted to like it and it was recommended by someone that I value their opinion. I think the problem was I just finished "Prophet of Innovation: Joseph Schumpeter and Creative Destruction" and that is an absolutely great book. This book was boring in spots and didn't explain enough of Keynes ideas. If you want to read a great book on economists, please read the book I just mentioned. I'm disappointed in the one but it just has too many issues to warrant a higher recommendation.
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Inside This Book (learn more)
First Sentence:
John Maynard Keynes was born on 5th June 1883, at 6 Harvey Road, a solid, roomy Victorian house in a quiet Cambridge street. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
clearing union, bank rate, stabilisation fund, imperial preference, boutique fantasque, debit countries, scarce currency clause, reparations clauses
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Lloyd George, United States, Duncan Grant, Gold Standard, Bretton Woods, The Times, State Department, Lytton Strachey, Chancellor of the Exchequer, Prime Minister, Bank of England, Liberal Party, King's College, Gordon Square, Free Trade, General Theory, Second World War, Harvey Road, Alfred Marshall, India Office, Lord Halifax, Lord Oxford, Harry White, The Economic Consequences of the Peace, New York
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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