The general theory of employment, interest, and money

Name: The general theory of employment, interest, and money
Brand: FVSR Fachverlag für Steuern und Recht GmbH
Availability: OutOfStock
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By Keynes, John Maynard

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Description

The central argument of The General Theory is that the level of employment is determined not by the price of labour, as in classical economics, but by the spending of money (aggregate demand).
Keynes argues that it is wrong to assume that competitive markets will, in the long run, deliver full employment or that full employment is the natural, self-righting, equilibrium state of a monetary economy.
On the contrary, underemployment and underinvestment are likely to be the natural state unless active measures are taken.

Product details

Binding:: Paperback
Edition:: 1
Number of Pages:: 416
Release Date:: 2017-12-04
Publication Date:: 2017-12-04
Publisher:: FVSR Fachverlag für Steuern und Recht GmbH
Languages:: Original: English
ISBN10:: 3941729411
ISBN13:: 9783941729414
GPSR Manufacturer Reference:: [email protected]
Weight:: 475 g
Height:: 13.5 cm
Width:: 20.4 cm
Thickness:: 2.3 cm

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