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Item #:
26116012
John Maynard Keynes
Item #:
26116012
AED 139
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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
| 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 Origin | This item will be imported from US |
| What is in the box | John Maynard Keynes... For more details, please check description/product details |
Who Should Buy?
-
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.
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Historians
Beneficial for historians examining the evolution of economic theories and their societal impacts during the Great Depression.
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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
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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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Features & Benefits
- Revisit Hyman Minsky's crucial work on economics.
- Understand the relevance of Minsky's theories in today's financial landscape.
- Explore how uncertainty drives financial system crises.
- Learn how benign economic conditions can increase market fragility.
- Discover the relationship between aggressive financial wagers and economic downturns.
- Get insights from notable economists on reforming economic theory.
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