The General Theory of Employment, Interest and Money
Publisher: The Royal Economic Society
Published: 1973
Place of publication: London, UK and Basingstoke, UK
Language: eng
Format: Paperback
Number of pages: 428
Description: John Maynard Keynes was born in Cambridge in 1883, son of John Neville Keynes, later registrary of the university; his mother was one of the earliest women students. Educated at Eton and King's, he passed into the Civil Service in 1906, working for three years in the India Office. He returned to Cambridge as a Fellow of King's in 1909 and remained a Fellow until his death. 
Soon after the outbreak of war in 1914 he was called to the Treasury. Over the next four years his ability and his immense capacity for work took him to the top. By 1919 he was principal Treasury representative at the Peace Conference at Versailles. His passionate disagreement with decisions regarding reparations led to his resignation and the writing of The Economic Consequences of the Peace. From then on, Keynes was a national figure, in the centre of every economic argument and the author of countless 'Keynes Plans' to solve one problem after another. 
In 1936 he published the most provocative book written by any economist of his generation. The General Theory, as it is known to all economists, cut through all the Gordian knots of pre-Keynesian discussion of the trade cycle and propounded a new approach to the determination of the level of economic activity, the problems of employment and unemployment, the causes of inflation, the strategies of budgetary policy. Arguments about the book continued until his death in 1946 and still continue today. Despite all that has been written in the subsequent quarter of a century, Keynes and his book still represent the turning-point between the old economics and the new from which each generation of economists needs to take its inspiration and its point of departure towards fresh attempts to carry his work further. 
This new edition provides a complete version of the original text, corrected in the light of subsequent correspondence. It also brings together all of Keynes's prefaces to subsequent foreign translations and prints as appendixes two articles by Keynes, making minor modifications of views set forth in the text.
Table of contents: title: CONTENTS; title: ix
label: General Introduction page; title: xv
label: Editorial Introduction; title: XXI
label: Preface; title: XXV
label: Preface to the German Edition; title: XXIX
label: Preface to the Japanese Edition; title: XXXI
label: Preface to the French Edition; title: INTRODUCTION
label: BOOK I; label: 1
pagenum: 3
title: THE GENERAL THEORY; label: 2
pagenum: 4
title: THE POSTULATES OF THE CLASSICAL ECONOMICS; label: 3
pagenum: 23
title: THE PRINCIPLE OF EFFECTIVE DEMAND; title: DEFINITIONS AND IDEAS
label: BOOK II; label: 4
pagenum: 37
title: THE CHOICE OF UNITS; label: 5
pagenum: 46
title: EXPECTATION AS DETERMINING OUTPUT AND EMPLOYMENT; label: 6
pagenum: 52
title: THE DEFINITION OF INCOME, SAVING AND INVESTMENT; title: 66
label: Appendix on User Cost; label: 7
pagenum: 74
title: THE MEANING OF SAVING AND INVESTMENT FURTHER CONSIDERED; title: THE PROPENSITY TO CONSUME
label: BOOK III; label: 8
pagenum: 89
title: THE PROPENSITY TO CONSUME: I. THE OBJECTIVE FACTORS; label: 9
pagenum: 107
title: THE PROPENSITY TO CONSUME: II. THE SUBJECTIVE FACTORS; label: 1O
pagenum: 113
title: THE MARGINAL PROPENSITY TO CONSUME AND THE MULTIPLIER; title: THE INDUCEMENT TO INVEST
label: BOOK IV; label: 11
pagenum: 135
title: THE MARGINAL EFFICIENCY OF CAPITAL; label: 12
pagenum: 147
title: THE STATE OF LONG-TERM EXPECTATION; label: 13
pagenum: 165
title: THE GENERAL THEORY OF THE RATE OF INTEREST; label: 14
pagenum: 175
title: THE CLASSICAL THEORY OF THE RATE OF INTEREST; title: 186
label: Appendix on the Rate of Interest in Marshall's Principles of Economics, Ricardo's Principles of Political Economy, and elsewhere; label: 15
pagenum: 194
title: THE PSYCHOLOGICAL AND BUSINESS INCENTIVES TO LIQUIDITY; label: 16
pagenum: 210
title: SUNDRY OBSERVATIONS ON THE NATURE OD CAPITAL; label: 17
pagenum: 222
title: THE ESSENTIAL PROPERTIES OF INTEREST AND MONEY; label: 18
pagenum: 245
title: THE GENERAL THEORY OF EMPLOYMENT; title: MONEY-WAGES AND PRICES
label: BOOK V; label: 19
pagenum: 257
title: CHANGES IN MONEY-WAGES; title: 272
label: Appendix on Prof. Pigou's Theory of Unemployment; label: 20
pagenum: 280
title: THE EMPLOYMENT FUNCTION; label: 21
pagenum: 292
title: THE THEORY OF PRICES; title: SHORT NOTES SUGGESTED BY THE GENERAL THEORY
label: BOOK VI; label: 22
pagenum: 313
title: NOTES ON THE TRADE CYCLE; label: 23
pagenum: 333
title: NOTES ON MERCANTILISM, THE USURY LAWS, STAMPED MONEY AND THEORIES OF UNDER-CONSUMPTION; label: 24
pagenum: 372
title: CONCLUDING NOTES ON THE SOCIAL PHILOSOPHY TOWARDS WHICH THE GENERAL THEORY MIGHT LEAD; title: 385
label: Appendix 1. PRINTING ERRORS IN THE FIRST EDITION; title: 386
label: Appendix 2. FLUCTUATIONS IN NET INVESTMENT IN THE UNITED STATES (1936); title: 394
label: Appendix 3. RELATIVE MOVEMENTS OF REAL WAGES AND OUTPUT (1939); title: 413
label: INDEX; title: The cover-design reproduces a photograph of Keynes and is reproduced by kind permission of Madame Yevonde, 33 Bedford Gardens, London W.8.