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(Ebook) Keynes's General Theory, the Rate of Interest and 'Keynesian' Economics by Geoff Tily ISBN 9780230801370, 9781403996282, 0230801374, 1403996288

  • SKU: EBN-1678950
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Instant download (eBook) Keynes's General Theory, the Rate of Interest and 'Keynesian' Economics after payment.
Authors:Geoff Tily
Pages:336 pages.
Year:2007
Editon:First Edition
Language:english
File Size:1.12 MB
Format:pdf
ISBNS:9780230801370, 9781403996282, 0230801374, 1403996288
Categories: Ebooks

Product desciption

(Ebook) Keynes's General Theory, the Rate of Interest and 'Keynesian' Economics by Geoff Tily ISBN 9780230801370, 9781403996282, 0230801374, 1403996288

This book argues that Keynesian economists have betrayed Keynes's theory and policy conclusions. Keynesian economics has not merely led to an easily dismissed justification for 'Keynesian' policies, but the world has been grossly misled about just what those policies are. Keynesians have focused attention exclusively on policies for dealing with effects of economic failure as they arise, whereas in contrast, Keynes was concerned with the cause and then the prevention of economic failure. While these effects can be addressed with fiscal policy, the cause and prevention was a matter for monetary policy. Keynes's legacy is that of national and international policy measures that permit the necessary control over the financial system.
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