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John Maynard Keynes
Once uncertainty is given center stage, recurring episodes of financial system crises are all but inescapable.
John Maynard Keynes
Item #: 26116012

John Maynard Keynes

Item #: 26116012

INR 3576

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INR 3576

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Once uncertainty is given center stage, recurring episodes of financial system crises are all but inescapable.
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What Stands Out

Economic Theories
Keynes revolutionized economics with theories on government intervention, promoting active fiscal policy to manage economic cycles and boost consumer demand.
Employment Focus
His focus on maintaining full employment through government spending reshaped economic policies, providing solutions during recessionary periods.
Long-Term Influence
Keynes's concepts continue to influence modern economic thought, guiding policies in central banking and public finance globally.

Product Details

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Publisher McGraw Hill
Publication date May 7, 2008
Edition 1st
Language English
Print length 181 pages
ISBN-10 0071593012
ISBN-13 978-0071593014
Item Weight 2.31 pounds (1.05 kg)
Dimensions 5.9 x 0.44 x 8.9 inches (15 x 1.1 x 22.6 cm)
Country of OriginThis item will be imported from US
What is in the boxJohn Maynard Keynes... For more details, please check description/product details

Who Should Buy?

Suitable For
  • Economics Students

    Ideal for students seeking a foundational understanding of Keynesian economics and its impact on modern economic thought.

  • Policy Makers

    Useful for policymakers interested in macroeconomic strategies and Keynesian approaches to economic issues and fiscal policy.

  • Historians

    Beneficial for historians examining the evolution of economic theories and their societal impacts during the Great Depression.

Not Suitable For
  • Casual Readers

    Not suitable for casual readers looking for light material, as the content may be complex and dense.

Product Description

John Maynard Keynes

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Customer Questions & Answers

  • Question: What is the main focus of this book?

    Answer: The book reexamines Minsky's perspective on economics, emphasizing the impact of uncertainty on financial crises.
  • Question: Who are the contributors to this edition?

    Answer: It includes insights from Dimitri B. Papadimitriou and L. Randall Wray, alongside a preface by Robert Barbera.
  • Question: Why is Minsky's work relevant today?

    Answer: Minsky's analysis of financial instability and uncertainty provides critical understanding for today's economic challenges.

Economic History Editorial Review

The book "0071593012" by Hyman P. Minsky is a dense and challenging read, which seeks to clarify J.M. Keynes' "The General Theory of Employment, Interest and Money" by exploring the nature of capitalism and the financial system. Despite the lack of a glossary and unfamiliar terminology, Minsky's work offers important insights into understanding financial crises and the business cycle. However, some readers find Minsky's writing style confusing and contradictory, and recommend alternative texts to better understand his ideas. Overall, the book is a valuable contribution to understanding the work of Keynes and the Financial Instability Hypothesis.

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Pros

  • Offers important insights into understanding financial crises and the business cycle
  • Provides a clear analysis of the concept of uncertainty in the financial system
  • Valuable contribution to understanding the work of Keynes

Cons

  • Confusing writing style and lack of glossary

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