In 1936 Keynes published the most provocative book written by any economist of his generation. Arguments about the book continued until his death in 1946 and still continue today. This new edition, published 70 years after the original, features a new introduction by Paul Krugman which discusses the significance and continued relevance of The General Theory.
Introduction to the 2006 Edition
Introduction
The General Theory
The Postulates of the Classical Economics
The Principle of Effective Demand
Definitions And Ideas
The Choice of Units
Expectation as Determining Output and Employment
The Definition of Income, Saving and Investment
The Meaning of Saving and Investment Further Considered
The Propensity To Consume
The Propensity to Consume: I. The Objective Factors
The Propensity to Consume: II. The Subjective Factors
The Marginal Propensity to Consume and the Multiplier
The Inducement To Invest
The Marginal Efficiency of Capital
The State of Long-term Expectation
The General Theory of the Rate of Interest
The Classical Theory of the Rate of Interest
The Psychological and Business Incentives to Liquidity
Sundry Observations on the Nature of Capital
The Essential Properties of Interest and Money
The General Theory of Employment Re-stated
Money-Wages And Prices
Changes in Money-Wages
The Employment Function
The Theory of Prices
Short Notes Suggested By The General Theory
Notes on the Trade Cycle
Notes on Mercantilism, The Usury Laws, Stamped Money and Theories of Under-consumption
Concluding Notes on the Social Philosophy towards which the General Theory Might Lead
Introduction to the 2006 Edition
Introduction
The General Theory
The Postulates of the Classical Economics
The Principle of Effective Demand
Definitions And Ideas
The Choice of Units
Expectation as Determining Output and Employment
The Definition of Income, Saving and Investment
The Meaning of Saving and Investment Further Considered
The Propensity To Consume
The Propensity to Consume: I. The Objective Factors
The Propensity to Consume: II. The Subjective Factors
The Marginal Propensity to Consume and the Multiplier
The Inducement To Invest
The Marginal Efficiency of Capital
The State of Long-term Expectation
The General Theory of the Rate of Interest
The Classical Theory of the Rate of Interest
The Psychological and Business Incentives to Liquidity
Sundry Observations on the Nature of Capital
The Essential Properties of Interest and Money
The General Theory of Employment Re-stated
Money-Wages And Prices
Changes in Money-Wages
The Employment Function
The Theory of Prices
Short Notes Suggested By The General Theory
Notes on the Trade Cycle
Notes on Mercantilism, The Usury Laws, Stamped Money and Theories of Under-consumption
Concluding Notes on the Social Philosophy towards which the General Theory Might Lead
Table of Contents provided by Publisher. All Rights Reserved.