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Keynes: The Return of the Master

by

Keynes: The Return of the Master Cover

 

Synopses & Reviews

Publisher Comments:

The ideas of John Maynard Keynes have never been more timely. No one has bettered Keynes's description of the psychology of investors during a financial crisis: 'The practice of calmness and immobility, of certainty and security, suddenly breaks down. New fears and hopes will, without warning, take charge of human conduct... the market will be subject to waves of optimistic and pessimistic sentiment.'

Keynes's preeminent biographer, Robert Skidelsky, Emeritus Professor of Political Economy at the University of Warwick, brilliantly synthesizes from Keynes's career and life the aspects of his thinking that apply most directly to the world we currently live in. In so doing, Skidelsky shows that Keynes's mixture of pragmatism and realism - which distinguished his thinking from the neo-classical or Chicago school of economics that has been the dominant influence since the Thatcher-Reagan era and which made possible the raw market capitalism that created the current global financial crisis - is more pertinent and applicable than ever. Crucially Keynes offers nervous capitalists - and Keynes never wavered in his belief in the capitalist system - a positive answer to the question we now face: When unbridled capitalism falters, is there an alternative?

In the long run, as Keynes famously said, we are all dead. We may not have time to wait for the perfect theoretical operation of capital as the neo-classicists insist will happen eventually. In the meantime, we have Keynes: more supple, more human and more magnificently real than ever.

Synopsis:

In the debris of the financial crash of 2008, the principles of John Maynard Keynes—that economic storms are a normal part of the market system, that governments need to step in and use fiscal ammunition to prevent these storms from becoming depressions, and that societies that value the pursuit of money should reprioritize—are more pertinent and applicable than ever. In Keynes: The Return of the Master, Robert Skidelsky brilliantly synthesizes Keynes career and life, and offers nervous capitalists a positive answer to the question we now face: When unbridled capitalism falters, is there an alternative?

About the Author

Robert Skidelsky is the Emeritus Professor of Political Economy at the University of Warwick. His three volume biography of the economist John Maynard Keynes (1983, 1992, 2000) received numerous prizes, including the Lionel Gelber Prize for International Relations and the Council on Foreign Relations Arthur Ross Book Award. He is the author of The World After Communism (1995). He was made a life peer in 1991, and was elected Fellow of the British Academy in 1994.

Product Details

ISBN:
9781586488970
Author:
Skidelsky, Robert
Publisher:
PublicAffairs
Subject:
Finance
Subject:
Economics - Theory
Subject:
General
Subject:
Business Communication
Subject:
Economics - General
Subject:
Macroeconomics
Edition Description:
Trade Paper
Publication Date:
20101031
Binding:
TRADE PAPER
Language:
English
Illustrations:
none
Pages:
256
Dimensions:
8.25 x 5.5 in

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Related Subjects

Business » Accounting and Finance
Business » Communication
Business » History and Biographies
History and Social Science » Economics » General

Keynes: The Return of the Master New Trade Paper
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Product details 256 pages PublicAffairs - English 9781586488970 Reviews:
"Synopsis" by ,
In the debris of the financial crash of 2008, the principles of John Maynard Keynes—that economic storms are a normal part of the market system, that governments need to step in and use fiscal ammunition to prevent these storms from becoming depressions, and that societies that value the pursuit of money should reprioritize—are more pertinent and applicable than ever. In Keynes: The Return of the Master, Robert Skidelsky brilliantly synthesizes Keynes career and life, and offers nervous capitalists a positive answer to the question we now face: When unbridled capitalism falters, is there an alternative?
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