{"id":651,"date":"2018-02-08T13:00:42","date_gmt":"2018-02-08T13:00:42","guid":{"rendered":"http:\/\/wordsworth-editions.com\/book\/general-theory-of-employment-interest-and-money\/"},"modified":"2025-04-14T12:24:04","modified_gmt":"2025-04-14T12:24:04","slug":"general-theory-of-employment-interest-and-money","status":"publish","type":"book","link":"https:\/\/wordsworth-editions.com\/book\/general-theory-of-employment-interest-and-money\/","title":{"rendered":"General Theory of Employment, Interest and Money"},"content":{"rendered":"<p><strong><em>With an Introduction by Mark G. Spencer, Brock University, Ontario, Canada<\/em><\/strong><\/p>\n<p>John Maynard Keynes (1883-1946) is perhaps the foremost economic thinker of the twentieth century. On economic theory, he ranks with Adam Smith and Karl Marx; and his impact on how economics was practiced, from the Great Depression to the 1970s, was unmatched.<\/p>\n<p><em>The General Theory of Employment, Interest and Money<\/em> was first published in 1936. But its ideas had been forming for decades \u2212 as a student at Cambridge, Keynes had written to a friend of his love for &#8216;Free Trade and free thought&#8217;. Keynes&#8217;s limpid style, concise prose, and vivid descriptions have helped to keep his ideas alive &#8211; as have the novelty and clarity, at times even the ambiguity, of his macroeconomic vision. He was troubled, above all, by high unemployment rates and large disparities in wealth and income. Only by curbing both, he thought, could individualism, \u2018the most powerful instrument to better the future&#8217;, be safeguarded. The twenty-first century may yet prove him right.<\/p>\n<p>In T<em>he Economic Consequences of the Peace<\/em> (1919), Keynes elegantly and acutely exposes the folly of imposing austerity on a defeated and struggling nation.<\/p>\n<p><strong><em style=\"color: #555555; font-family: Raleway, sans-serif;\">The General Theory of Employment, Interest and Money<\/em>\u00a0was voted as the academic book which has had the greatest impact on modern Britain, during Academic Book Week (23-28 January 2017).<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With an Introduction by Mark G. Spencer, Brock University, Ontario, Canada John Maynard Keynes (1883-1946) is perhaps the foremost economic thinker of the twentieth century. On economic theory, he ranks with Adam Smith and Karl Marx; and his impact on how economics was practiced, from the Great Depression to the 1970s, was unmatched. The General&#8230; <a class=\"read-more\" href=\"https:\/\/wordsworth-editions.com\/book\/general-theory-of-employment-interest-and-money\/\">Read More<\/a><\/p>\n","protected":false},"featured_media":10728,"template":"","country":[88,89],"collection":[],"series":[5],"class_list":["post-651","book","type-book","status-publish","has-post-thumbnail","hentry","country-gb","country-us","series-world-literature"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.5 (Yoast SEO v25.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>General Theory of Employment, Interest and Money - Wordsworth Editions<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wordsworth-editions.com\/book\/general-theory-of-employment-interest-and-money\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"General Theory of Employment, Interest and Money\" \/>\n<meta property=\"og:description\" content=\"With an Introduction by Mark G. Spencer, Brock University, Ontario, Canada John Maynard Keynes (1883-1946) is perhaps the foremost economic thinker of the twentieth century. On economic theory, he ranks with Adam Smith and Karl Marx; and his impact on how economics was practiced, from the Great Depression to the 1970s, was unmatched. The General... 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