From one of the most influential economists of the modern era, Keynes and his "General Theory" shaped economic thought and government policies for decades to come. Out of this magnum opus arose the Keynesian school of economics. Keynes argues that the level of employment in a modern economy was determined by three factors: the marginal propensity to consume (income that people chose to spend on goods and services), the marginal efficiency of capital (the rate used to see whether investments are worthy) and the rate of interest. This work has enormous implications to the present day in understanding the policies and that have shaped the current environment. "The General Theory is nothing less than an epic journey out of intellectual darkness. That, as much as its continuing relevance to economic policy, is what makes it a book for the ages. Read it, and marvel." - Paul Krugman, Professor of Economics, winner of the 2008 Nobel prize in economics.
--This text refers to an alternate
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'...among the glories of modern publishing...edited with exemplary authority and lack of fuss...' - London Review of Books
--This text refers to an out of print or unavailable edition of this title.
About the Author
John Maynard Keynes was a British economist and professor at Cambridge. He was a prolific author and lecturer and advised many governments and policy makers on economic policy. He was named by Time magazine as one of the 100 most influential people of the 20th century.
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Most Helpful Customer Reviews
63 of 71 people found the following review helpful
Format:Paperback|Amazon Verified Purchase
This is a review not of what Keynes wrote but of the BN publishing reprint edition.
I appreciate that reprint publishers try to keep costs down but that is no excuse for cutting corners. Dover Publications sets the standard here and other publishers who can't perform to that standard are, sadly, becoming more common and ever more slapdash in their efforts.
Defects in this BN publishing edition include swathes of typographical errors, grammatical errors and malapropisms. Worse, and especially in the General Theory, where Keynes sought to minimise the use of mathematics in his exposition, what few formulae there are have obviously been typeset by someone who simply hasn't a clue what printed mathematics should look like. It leaves the impression of having re-typed from copy using an ordinary word processor by a none-too-literate typist.
If you want a better edition of the General Theory, you might do better to fork out a little more and get the edition in the Great Minds series. IMO this BN edition is fit only to be shredded and used for horse bedding - and even then with a profuse apology to the unfortunate creature who will be expected to repose upon it.
AVOID!
I appreciate that reprint publishers try to keep costs down but that is no excuse for cutting corners. Dover Publications sets the standard here and other publishers who can't perform to that standard are, sadly, becoming more common and ever more slapdash in their efforts.
Defects in this BN publishing edition include swathes of typographical errors, grammatical errors and malapropisms. Worse, and especially in the General Theory, where Keynes sought to minimise the use of mathematics in his exposition, what few formulae there are have obviously been typeset by someone who simply hasn't a clue what printed mathematics should look like. It leaves the impression of having re-typed from copy using an ordinary word processor by a none-too-literate typist.
If you want a better edition of the General Theory, you might do better to fork out a little more and get the edition in the Great Minds series. IMO this BN edition is fit only to be shredded and used for horse bedding - and even then with a profuse apology to the unfortunate creature who will be expected to repose upon it.
AVOID!
27 of 31 people found the following review helpful
By MarkE
Format:Paperback
This book provided the foundation for most economic policy (in the west at least) through the middle of the 20th century, and as such must be considered among the most important books ever published. It will show the reader why certain decisions were taken, and how we got to where we are. Even if you don't agree with Keynes' theories this is an indispensable guide for anyone who wants to understand government economic policy.
Beyond his importance as an economist however, Keynes was a member of the Bloomsbury group of artists and Bohemians, and that is reflected in his writing. This is no novel, but there are few better written economic texts.
Beyond his importance as an economist however, Keynes was a member of the Bloomsbury group of artists and Bohemians, and that is reflected in his writing. This is no novel, but there are few better written economic texts.
20 of 24 people found the following review helpful
By Openrose
Format:Paperback
I was disappointed in the "BN publishing" edition (the one with a picture of a handshake on the front cover). It is not a direct reprint of the original 1936 (Macmillan) edition. The page numbers have been changed, the index has disappeared completely, the mathematical formulas are wrongly set up, and the table on page 69 (of this edition) has a nasty page break in the middle.
It is to be hoped that the rival Palgrave edition (which I have not seen) shows more respect to Keynes' masterpiece.
It is to be hoped that the rival Palgrave edition (which I have not seen) shows more respect to Keynes' masterpiece.
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Most Recent Customer Reviews
5.0 out of 5 stars
A brilliant, lucid and well reasoned book.
This book will probably revolutionise economics and prove the greatest reference work of all time unless the ideas are highjacked, plagiarised and represented by talentless... Read more
Published 12 days ago by The Spectator
1.0 out of 5 stars
unintelligible
i bought this book as i had seen it quoted in some other investing/ economics books. i thought it might help me get a clearer picture of how markets, buisness, money and society... Read more
Published 3 months ago by bukwerm
1.0 out of 5 stars
Avoid the BN Publishing Version
This seemed like a great book. But unfortunately it was nearly impossible to understand the few mathematical formulae as they were formatted terribly. Read more
Published 3 months ago by LukeEcho
2.0 out of 5 stars
Essential book, worst edition
As you have already read in diffrents reviews, the edition of this book is very disappointing, I read it in a different one and I enjoyed it very much. Read more
Published 4 months ago by A. Callado
4.0 out of 5 stars
A struggle to read for a mere mortal
When Einstein overthrew classical Newtonian physics with his theories of relativity, Newtonian physics continued to be the dominant theory because of its utility. Read more
Published 6 months ago by Mac McAleer
1.0 out of 5 stars
A case study in not buying a cheap reprint
This is an absolutely awful reprint. Comparing this with the Macmillan edition, one can see that: the formulae are in many places completely misrepresented, unaccountably... Read more
Published 6 months ago by Mr. S. Bosley
1.0 out of 5 stars
Get a better quality Paper pack
The book is A4 size printed on poor quality paper, I was expecting a penguin classic style book rather than what feels like a cheaply made pamphlet. Avoid
Published 6 months ago by ADF
5.0 out of 5 stars
Great Book
Book is paperback, printed in good size letters, easy to read. Buy if you are interested in economic analysis of general theory by Keynes.
Published 11 months ago by Eve
5.0 out of 5 stars
The master
Hard to believe that this seminal book was written so long ago.
A collectors item, just wish I was bright enough to understand it at the first pass.
A collectors item, just wish I was bright enough to understand it at the first pass.
Published 15 months ago by G. W. Overton
5.0 out of 5 stars
Review of the General Theory
The General Theory is a good introduction to JM Keynes' theories. It is fairly accessible to the layman & I recommend that people read it.
Published 20 months ago by Mr. V. Sangarapillai
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