The Economics of John Maynard Keynes: The Theory of a Monetary EconomyPickle Partners Publishing, 2018 M09 3 - 260 páginas 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. |
Contenido
A PRELIMINARY SUMMARY OF | |
INVESTMENT SAVING INCOME | |
References for Further Reading 59 | |
Stability of the Propensity to Consume 63 | |
The Marginal Propensity to Consume and | |
levels of income and employment 72 | |
Observations on the Nature of Capital and Interest | |
References for Further Reading 143 | |
Should wages be increased in depression? 151 | |
WAR AND POSTWAR INFLATION 164 | |
Wartime Inflation 166 | |
Postwar Inflation 175 | |
References for Further Reading 180 | |
Course and phases of the business cycle 183 | |
FISCAL POLICY IN DEPRESSION 80 | |
Method of financing 83 | |
Interestfree financing 86 | |
Neutralizing factors 89 | |
Time lags between successive spendings 91 | |
References for Further Reading 97 | |
100 | |
The Concept 100 | |
INTEREST AND MONEY 117 | |
Transactions motive 121 | |
Hoarding and liquidity preference 129 | |
The Classical Theory of Interest 133 | |
The favorable balance of trade as investment 190 | |
Foreign Exchange Stabilization 193 | |
References for Further Reading 197 | |
Development Prior to the Great Depression 200 | |
The Break With the Classical Theory 209 | |
Political Liberalism Class Loyalties and Anti | |
136 | |
The General Theory as a Program of Action 219 | |
The long view 221 | |
References for Farther Reading 223 | |
Otras ediciones - Ver todas
The Economics of John Maynard Keynes: The Theory of a Monetary Economy Dudley Dillard Sin vista previa disponible - 2013 |
Términos y frases comunes
aggregate demand amount of investment balance of trade banking billion business cycle capital assets capitalist cent changes Chapter classical economics classical theory decrease depression domestic Economic Journal economic system economists effective demand efficiency of capital entrepreneurs equal expansion expectations exports fall favorable balance finance fluctuations full employment gap between income gold standard Harcourt important individual inducement to invest industry inflation Interest and Money interest rates International Clearing Union J. M. Keynes Keynes labor less level of employment liquidity preference lower marginal efficiency marginal propensity means mercantilist money wages national income output private investment profits propensity to consume prospective yields public investment purchase quantity of money rate of interest real wages reduce result rise schedule social speculative motive spending store of value taxation taxes tend Theory of Employment theory of interest volume of investment voluntary saving wage cuts wage rates wealth workers York