John Maynard Keynes [Paperback]

This book looks at the life of Keynes leading up to the writing of his seminal General Theory , examines the General Theory in detail, and explores how it differs from classical theory. The impact of Keynes's work on the economy postwar and up to the present day is also assessed.An Introduction to Keynes and his Revolutionary Views How the Great War and its Aftermath Affected Keynes's Thinking Keynes's Middle Way Liberalism is Truly a New Way The Before and After of Keynes's General Theory The Conceptual Difference between Keynes's General Theory and Classical Theory - Savings and Liquidity Further Differentiating Keynes's Aggregate Demand Function The Importance of Money, Contracts and Liquid Financial Markets World War II and the Post War Open Economies System Classical Trade Theory vs. Keynes's General Theory of International Trade and International Payments Reforming the World's Money Inflation Keynes's Revolution: The Evidence Showing Who Killed Cock Robin

'Davidson convincingly shows how Keynes's radical assault on classical economic theory was undermined by mainstream interpreters anxious to make his doctrines politically acceptable. Keynes's own 'general theory' is compellingly explained; its obfuscators attacked with Davidson's familiar panache.' - Lord Skidelsky, author of John Maynard Keynes 1883-1946: Economist, Philosopher, Statesman

'This could be the best one-volume treatment of Keynes's economics since Keynes himself. Clear, logical and faithful, Paul Davidson introduces the real Keynes to a new generation. And do we ever need him.' - James K. Galbraith, The University of Texas at Austin and Levy Economic Institute

'Global imbalances, the unshackling of capital, the precarious state of modern capitalism: rarely has the world of economics been in more need of the thoughts of John Maynard Keynes. Although Keynes is no longer with us, this book is the next best thing. Paul Davidson is the leading expert on Keyl“.