The General Theory of Employment, Interest and Money

Introduction to the 2007 Edition; P.Krugman BOOK 1: INTRODUCTION The General Theory The Postulates of the Classical Economics The Principle of Effective Demand BOOK 2: 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 BOOK 3: 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 BOOK 4: 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 BOOK 5: MONEY-WAGES AND PRICES Changes in Money-Wages The Employment Function The Theory of Prices BOOK 6: 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

John Maynard Keynes (1883-1946), englischer Wirtschaftswissenschaftler, Politiker und Mathematiker. Er zählt zu den bedeutendsten Ökonomen überhaupt und ist Namensgeber des Keynesianismus.

'The General Theory is nothing less than an epic journey out of intellectual darkness. That, as much as its continuing relevance to economic policy, is what makes it a book for the ages. Read it, and marvel.' - From the introduction by Paul Krugman