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The General Theory of Employment, Interest and Money

The General Theory of Employment, Interest and MoneyAuthor: John Maynard Keynes
Publisher: BN Publishing
Category: Book

List Price: $29.99
Buy New: $18.00
as of 3/11/2010 00:57 CST details
You Save: $11.99 (40%)



New (21) Used (10) from $18.00

Seller: sweethomeliquid2
Rating: 3.5 out of 5 stars 66 reviews
Sales Rank: 76728

Media: Hardcover
Pages: 248
Number Of Items: 1
Shipping Weight (lbs): 1.5
Dimensions (in): 10.1 x 7.1 x 0.8

ISBN: 965006026X
EAN: 9789650060268
ASIN: 965006026X

Publication Date: July 21, 2008
Availability: Usually ships in 1-2 business days

Also Available In:

  • Kindle Edition - THE GENERAL THEORY OF EMPLOYMENT, INTEREST AND MONEY (UPDATED w/LINKED TOC)
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  • Paperback - General Theory of Employment, Interest and Money
  • Paperback - The General Theory of Employment, Interest and Money (Collected works of Keynes)
  • Paperback - General Theory of Employment, Interest and Money: Vol.7
  • Hardcover - General Theory of Employment, Interest and Money
  • Hardcover - The General Theory of Employment Interest and Money: v. 7 (Collected works of Keynes)
  • Paperback - The Collected Writings of John Maynard Keynes: Volume 7, The General Theory of Employment, Interest and Money
  • School & Library Binding - General Theory Of Employment, Interest, And Money (Great Minds Series)
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  • Paperback - The General Theory of Employment, Interest, and Money (Great Minds Series)
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  • Paperback - The General Theory of Employment, Interest, and Money
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Editorial Reviews:

Product Description
Keynes profoundly influenced the New Deal and created the basis for classic economic theory. I can think of no single book that has so changed the conception held by economists as to the working of the capitalist system (Robert L. Heilbroner). Index.


Customer Reviews:
Showing reviews 1-5 of 66
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3 out of 5 stars it's all about the discount rate   March 10, 2010
CT (Canada)
Although I disagree with the conclusions of the author, I would recommend this book to anyone wishing to familiarize themselves with modern economic theory and especially modern economic debates.

Keynes essentially argues that classic laissez-faire theory only holds when there is no uncertainty. When there is uncertainty, savers will stuff their money under their mattresses instead of investing. This will increase the demand for money, drive up discount rates, reduce aggregate demand, result in less income and more unemployment, and eventually less savings (paradox of thrift).

Keynes does a good job of showing that Classical economic theory was completely unable to explain recessions and structural unemployment. 3 stars were given for this.

1 star was deducted for Keynes' style of writing. He is very difficult to read and this has nothing to do with his use of math.

1 star was deducted for Keynes' definition of discount rates in the short and long term. Keynes' theory is entirely dependent on his definition of discount rates. If one adheres to the loanable funds theory, the recommendations would be quite different. Furthermore, every single one of his recommendations would actually lead to more uncertainty.



3 out of 5 stars Be careful with the version you are purchasing, some have many errors   February 17, 2010
C. Ramnaraine (New York)
6 out of 6 found this review helpful

There are a lot of comments about the quality of the specific version of Keynes' classic "The General Theory of Employment, Interest and Money". I researched this using the Look Inside feature and found some notable differences in versions. Many publishers (such as "CreateSpace", BN) clearly used scanned copies of the original work and optical character recognition (OCR) software which results in many errors within the text. Specifically:
- within the equations, they use a "D" instead of the mathematical Delta character used in the original.
- incorrectly using or not using subscripts within the equations (i.e "Pwr" instead of "P" with subscript "wr").
- Many of the equations use the wrong greek math symbol altogether.
- In chapter 20, an important equation is rendered completely wrong.
- Other areas where the OCR created errors: "| Noreover" should be "Moreover"
- In chapter 15, one equation shows "MY=OP" where it should be "MV=OP".

Honestly, the quality of these versions is atrocious. Plus, in these cases, the footnotes are not even shown! Good lord.

The version from Signalman Publishing was found to be free of these errors. Other versions may be ok as well, but for now, the best version out there that I have found is from Signalman (link here: The General Theory of Employment, Interest and Money).



5 out of 5 stars Management Laboratory Press Edition   February 2, 2010
Henry Sancston (CA)
0 out of 4 found this review helpful

When I opened the package I was surprised how nice the book looks like. I have seen a couple version, but this one is really the nicest one. So if you are looking to impress somebody this is your book. :) Well, besides that it is nicely done. I think I don't need to say much about the content sine we all know the story of this classic masterpiece. Five stars from me!


2 out of 5 stars Do not buy this edition   December 21, 2009
Pierce Adam Randall (Atlanta, GA)
4 out of 4 found this review helpful

Keynes is pretty great (or at least, inarguably important), but this edition does not include footnotes, which were supplied by Keynes in the original text. If you're bothering to read The General Theory, and are capable of following it, you're probably also a reader of footnotes, so do not buy this copy.

Of less concern, though telling, are the various typos that seem to be the result of (I'm not kidding) a bad OCR scan of an original. On page 13, for instance, the word "ina~tained" shows up. I'm assuming that meant "maintained," and I think it's implausible that tildes are defensible typos. C'mon Classic Books America--at least use spell-check!



2 out of 5 stars A Poor Edition of a Great Book   November 18, 2009
Ken McCormick (Waverly, IA USA)
4 out of 4 found this review helpful

The General Theory of Employment, Interest and Money is one of the great works in economics, and is a must read for anyone who pretends to know anything about macroeconomics. But this edition of the book is flawed. Keynes's footnotes are missing! Some of them are integral to understanding the book, so leaving them out is a major mistake. Another reviewer has already complained that some of Keynes's equations were mangled. How could a publisher mangle a great work like this?

Showing reviews 1-5 of 66
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