A Monetary Theory Of Employment PDF Download
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Author | : John Maynard Keynes |
Publisher | : Springer |
Total Pages | : 404 |
Release | : 2018-07-20 |
Genre | : Business & Economics |
ISBN | : 3319703447 |
Download The General Theory of Employment, Interest, and Money Book in PDF, ePub and Kindle
This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.
Author | : Gardiner C. Means |
Publisher | : Routledge |
Total Pages | : 292 |
Release | : 2015-06-11 |
Genre | : Business & Economics |
ISBN | : 1317478010 |
Download A Monetary Theory of Employment Book in PDF, ePub and Kindle
Presents the author's alternative monetary theory and macroeconomics to both the quality theory and Keynes's work. This text reveals Means's view of the economic processes in the real world, and the state of monetary and macroeconomics theory in the mid-1940s.
Author | : John Maynard Keynes |
Publisher | : |
Total Pages | : 0 |
Release | : 1989 |
Genre | : |
ISBN | : |
Download The General Theory of Employment, Interest and Money Book in PDF, ePub and Kindle
Author | : Carl E. Walsh |
Publisher | : MIT Press |
Total Pages | : 636 |
Release | : 2003 |
Genre | : Business & Economics |
ISBN | : 9780262232319 |
Download Monetary Theory and Policy Book in PDF, ePub and Kindle
An overview of recent theoretical and policy-related developments in monetary economics.
Author | : Michael J. Murray |
Publisher | : Springer |
Total Pages | : 228 |
Release | : 2017-01-25 |
Genre | : Business & Economics |
ISBN | : 3319464426 |
Download The Job Guarantee and Modern Money Theory Book in PDF, ePub and Kindle
The contributors to this edited collection argue that a flexible Job Guarantee program able to react to an economy’s fluctuating need for work would stabilize the labor standard, the value of employment in relation to money. During economic downturns, the program would expand to provide more public sector jobs in response to private sector layoffs. It would then contract when economic growth offered private sector employment opportunities. This flexible full employment program would create a balanced, perpetually active labor force, providing the macroeconomic stability necessary to define a functioning labor standard. Just as the gold standard measured the worth of money against gold reserves, John Maynard Keynes argued, so a labor standard ought to measure the value of money in terms of its labor equivalent. However, he failed to account for the fact that, unlike a gold standard, a labor standard does not have any kind of surety that money will continue to match its value in paid work over time. Together, the contributors argue that full employment would provide this missing security and allow authorities to define the value equivalencies of money and labor, the way that money once represented its exact equivalent in gold.
Author | : L. Randall Wray |
Publisher | : Springer |
Total Pages | : 322 |
Release | : 2015-09-22 |
Genre | : Business & Economics |
ISBN | : 1137539925 |
Download Modern Money Theory Book in PDF, ePub and Kindle
This second edition explores how money 'works' in the modern economy and synthesises the key principles of Modern Money Theory, exploring macro accounting, currency regimes and exchange rates in both the USA and developing nations.
Author | : John Maynard Keynes |
Publisher | : Penguin |
Total Pages | : 656 |
Release | : 2016-01-05 |
Genre | : Business & Economics |
ISBN | : 0698408519 |
Download The Essential Keynes Book in PDF, ePub and Kindle
The essential writings of the 20th century’s most influential economist, collected in one volume Today, John Maynard Keynes is best remembered for his pioneering development of macroeconomics, and for his advocacy of active fiscal and monetary government policy. This uniquely comprehensive selection of his work, edited by Keynes’s award-winning biographer Robert Skidelsky, aims to make his work more accessible to both students of economics and the general reader. All of Keynes’s major economic work is included, yet the selection goes beyond pure economics. Here too are Keynes’s essential writings on philosophy, social theory and policy, and his futurist vision of a world without work. As Robert Skidelsky writes in his introduction: “People talk of the need for a new Keynes. But the old Keynes still has superlative wisdom to offer for a new age.” For more than sixty-five years, Penguin has been the leading publisher of classic literature in the English-speaking world. With more than 1,500 titles, Penguin Classics represents a global bookshelf of the best works throughout history and across genres and disciplines. Readers trust the series to provide authoritative texts enhanced by introductions and notes by distinguished scholars and contemporary authors, as well as up-to-date translations by award-winning translators.
Author | : Stephanie Kelton |
Publisher | : PublicAffairs |
Total Pages | : 311 |
Release | : 2020-06-09 |
Genre | : Business & Economics |
ISBN | : 1541736206 |
Download The Deficit Myth Book in PDF, ePub and Kindle
A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society. Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis. MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.
Author | : Stephen A. Marglin |
Publisher | : Harvard University Press |
Total Pages | : 921 |
Release | : 2020-07-14 |
Genre | : Business & Economics |
ISBN | : 0674971027 |
Download Raising Keynes Book in PDF, ePub and Kindle
Back to the future: a heterodox economist rewrites Keynes's General Theory of Employment, Interest, and Money to serve as the basis for a macroeconomics for the twenty-first century. John Maynard Keynes's General Theory of Employment, Interest, and Money was the most influential economic idea of the twentieth century. But, argues Stephen Marglin, its radical implications were obscured by Keynes's lack of the mathematical tools necessary to argue convincingly that the problem was the market itself, as distinct from myriad sources of friction around its margins. Marglin fills in the theoretical gaps, revealing the deeper meaning of the General Theory. Drawing on eight decades of discussion and debate since the General Theory was published, as well as on his own research, Marglin substantiates Keynes's intuition that there is no mechanism within a capitalist economy that ensures full employment. Even if deregulating the economy could make it more like the textbook ideal of perfect competition, this would not address the problem that Keynes identified: the potential inadequacy of aggregate demand. Ordinary citizens have paid a steep price for the distortion of Keynes's message. Fiscal policy has been relegated to emergencies like the Great Recession. Monetary policy has focused unduly on inflation. In both cases the underlying rationale is the false premise that in the long run at least the economy is self-regulating so that fiscal policy is unnecessary and inflation beyond a modest 2 percent serves no useful purpose. Fleshing out Keynes's intuition that the problem is not the warts on the body of capitalism but capitalism itself, Raising Keynes provides the foundation for a twenty-first-century macroeconomics that can both respond to crises and guide long-run policy.
Author | : L. Randall Wray |
Publisher | : Edward Elgar Publishing |
Total Pages | : 216 |
Release | : 1998 |
Genre | : Business & Economics |
ISBN | : |
Download Understanding Modern Money Book in PDF, ePub and Kindle
By showing that the basic assumptions if mainstream macroeconomics were and are flawed, the author aims to convince the reader that full employment and price stability are fully compatible goals in the modern world.