Listen free for 30 days

Listen with offer

Preview
  • Analysis: A Macat Analysis of John Maynard Keynes's The General Theory of Employment, Interest and Money

  • By: John Collins
  • Narrated by: Macat.com
  • Length: 1 hr and 48 mins
  • 2.5 out of 5 stars (2 ratings)

£0.00 for first 30 days

Pick 1 audiobook a month from our unmatched collection - including bestsellers and new releases.
Listen all you want to thousands of included audiobooks, Originals, celeb exclusives, and podcasts.
Access exclusive sales and deals.
£7.99/month after 30 days. Renews automatically. See here for eligibility.

Analysis: A Macat Analysis of John Maynard Keynes's The General Theory of Employment, Interest and Money

By: John Collins
Narrated by: Macat.com
Try for £0.00

£7.99/month after 30 days. Renews automatically. See here for eligibility.

Buy Now for £6.99

Buy Now for £6.99

Pay using card ending in
By completing your purchase, you agree to Audible's Conditions of Use and authorise Audible to charge your designated card or any other card on file. Please see our Privacy Notice, Cookies Notice and Interest-based Ads Notice.

Summary

Classical economics suggests that market economies are self-correcting in times of recession or depression and tend toward full employment and output. But English economist John Maynard Keynes disagreed.

In his groundbreaking 1936 book The General Theory of Employment, Interest and Money, Keynes argued that traditional economics has misunderstood the causes of unemployment. Employment is not determined by the price of labor; it is directly linked to demand in the economy. Keynes believed market economies are by nature unstable and so require government intervention. Spurred on by the social catastrophe of the Great Depression of the 1930s, Keynes set out to revolutionize the way the world thinks about and understands economics - and in this he succeeded.

In the latter half of the 20th century, Keynesian economics became mainstream policy for most Western governments. Although his ideas fell out of fashion, the global market turmoil in the opening decade of the 21st century once again saw interventionist government fiscal and monetary policy based on Keynesian thinking.

©2016 Macat Inc (P)2016 Macat Inc
  • Unabridged Audiobook
activate_Holiday_promo_in_buybox_DT_T2

Listeners also enjoyed...

Utilitarianism/On Liberty cover art
Austrian School for Investors: Austrian Investing between Inflation and Deflation cover art
The Economic Consequences of the Peace cover art
Money, Sound, & Unsound cover art
The Wealth of Nations cover art
The History of Money cover art
Capital in the Twenty-First Century cover art
The Richest Man in Babylon cover art
The Mises Reader Unabridged cover art
The Antichrist, Ecce Homo cover art
Bitcoin and Other Cryptocurrencies cover art
The End of History and the Last Man cover art
How to Start a YouTube Channel cover art
The Psychology of Money cover art
Principles of Economics cover art
Money Mischief cover art

What listeners say about Analysis: A Macat Analysis of John Maynard Keynes's The General Theory of Employment, Interest and Money

Average customer ratings
Overall
  • 2.5 out of 5 stars
  • 5 Stars
    0
  • 4 Stars
    1
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    1
Performance
  • 2 out of 5 stars
  • 5 Stars
    0
  • 4 Stars
    0
  • 3 Stars
    0
  • 2 Stars
    1
  • 1 Stars
    0
Story
  • 2 out of 5 stars
  • 5 Stars
    0
  • 4 Stars
    0
  • 3 Stars
    0
  • 2 Stars
    1
  • 1 Stars
    0

Reviews - Please select the tabs below to change the source of reviews.