In 1936 John Maynard Keynes
published The General Theory of Employment, Interest and Money, widely acknowledged to be
one of the most important books on economics ever written.
Why was it so important? What
did it say? How did it change things? Did the answer it provided to unemployment make
inflation inevitable? Has Keynesianism been superseded by monetarism? How far do economic
policies influence unemployment levels?
These issues are clearly
discussed by Michael Stewart in this classic introduction to Keynes's work and ideas.
'A delightful and fascinating
volume ... excellently written' - Roger Opie in the New Statesman
'This excellent jntroduction
... the author has achieved a greater degree of readability in dealing with inherently
difficult problems than one would have thought possible' - Samuel Brittan in the Financial
Times
'Remains the best
non-technical introduction to Keynesian economics ... it would be hard to find a better
written or more entertaining account' - The Good Book Guide to Business
3rd edition
ISBN: 0-14-013651-7 240 pages