{"product_id":"keyness-general-theory-and-accumulation-paperback-9780521368155","title":"Keynes's General Theory and Accumulation (Paperback) 9780521368155","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eKeynes's General Theory and Accumulation\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cfont size=\"4\"\u003eA. Asimakopulos (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521368155, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback, published 28 June 1991\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e228 pages\u003cbr\u003e21.6 x 13.5 x 1.4 cm, 0.251 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\"This book is the legacy of a dedicated and tough-minded scholar who did his heroes the compliment of taking their work seriously, rather than just praising it.\"   Robert W. Dimand, History of Political Economy\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eThis book makes Keynes's writings in his General Theory accessible to students by presenting this theory in a careful, consistent manner that is faithful to the original.  Keynes's theory continues to be important, because the issues it raised, such as the problems of involuntary unemployment, the volatility of investment, and the complexity of monetary arrangements in modern capitalist economies, are still with us. Keynes's method of analysis, which tries to allow for the complications of dealing with historical time, deserves the careful attention given in this book. Keynes's formal analysis dealt only with a short period of time during which changes in productive capacity as a result of net investment were small relative to initial productive capacity. Roy Harrod and Joan Robinson were the two most prominent followers of Keynes who attempted to extend his analysis to the long period by allowing for the effects of investment on productive capacity as well as on effective demand. The careful examination of their writings on this topic is a natural complement to the presentation of Keynes's General Theory and makes clear the severe limitations on any use of equilibrium concepts in dealing with accumulation in models which try to observe Keynes's warnings about an unknowable future in the type of world we inhabit.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e1. Introduction\u003cbr\u003e 2. Towards The General Theory\u003cbr\u003e 3. The General Theory of Employment\u003cbr\u003e 4. Consumption and investment\u003cbr\u003e 5. Money, finance and the rate of interest\u003cbr\u003e 6. Equilibrium, change and time\u003cbr\u003e 7. Harrod and dynamic economics\u003cbr\u003e 8. Robinson on the accumulation of capital\u003cbr\u003e 9. Conclusion.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Macroeconomics [\u003ca title=\"See our other books on Macroeconomics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Macroeconomics%20%5BKCB%5D%22\"\u003eKCB\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46005352399128,"sku":"9780521368155","price":34.68,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521368155i_58d6a75a-2c2e-4ced-96f4-3c3098676ce5.jpg?v=1691375807","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/keyness-general-theory-and-accumulation-paperback-9780521368155","provider":"Freshly Printed Books","version":"1.0","type":"link"}