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John Maynard Keynes M. G. Hayes

John Maynard Keynes By M. G. Hayes

John Maynard Keynes by M. G. Hayes


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John Maynard Keynes Summary

John Maynard Keynes by M. G. Hayes

John Maynard Keynes is the 20th century's greatest economist. He sparked an intellectual revolution that transformed economic theory and policymaking. This book, written in plain English with minimal mathematics, is a concise and probing account of his major ideas. Keynes, argues Mark Hayes, showed that economics is a science of thinking in terms of models, in which progress depends on recognising when established models have become obsolete and new ones are required. Hayes outlines how Keynes did this, tracing his progression from the 'Classical' model that he inherited through to his masterpiece, The General Theory of Employment, Interest and Money, and beyond. The intellectual narrative is placed in its historical context, from the Versailles Peace Conference in 1919 to Bretton Woods. The final chapters consider the impact of Keynes's legacy, including his relevance to reform of the Euro. This accomplished study is not only a comprehensive introduction for students and general readers, but also a crystal-clear demonstration of how Keynes' thought is vital to understanding why contemporary economics needs to discard its old models and embrace profound change.

About M. G. Hayes

M. G. Hayes is a Quondam Fellow of Robinson College, Cambridge

Table of Contents

List of Tables List of Figures Acknowledgements Preface How To Read This Book Glossary 1. Why Study Keynes? 2. The Classical Theory of Employment, Interest and Money 3. The General Theory of Employment, Interest and Money 4. The Great Confusion 5. The Long Struggle to Escape 6. From Versailles to Bretton Woods 7. The Keynesian Era 8. Keynes for Today Further Reading Bibliography Index

Additional information

GOR012029627
9781509528257
1509528253
John Maynard Keynes by M. G. Hayes
Used - Very Good
Paperback
Polity Press
2019-11-01
224
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

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