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Keynes's General Theory, the Rate of Interest and Keynesian' Economics


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 | #2827961 in eBooks |  2016-01-12 |  2016-01-12 | File type: PDF

||1 of 1 people found the following review helpful.| This is a most excellent book the product of a great deal of research ...|By Schofield|This is a most excellent book the product of a great deal of research and effort by Geoff Tilly. His aim is to put the record straight on the main aims of Keynes particularly to keep credit cheap and to avoid using it as regulator for inflation as far as this is possible. He does this very we| ||' such an important book not merely another book on the history of Keynes's monetary thought. It provides compelling evidence of where 'Keynesians' of all shades have gone wrong and simultaneously provides them with the ammunition to generalize what passes fo

This book argues that Keynesian economists have betrayed Keynes' theory and policy conclusions, and that the world has been misled about those policies. Keynesians have focused attention on policies for dealing with effects of economic failure as they arise, whereas Keynes was concerned with the cause and then the prevention of economic failure.



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