000			02194nam a22002057a 4500
999			_c2563 _d2563
005			20220803144815.0
008			220803b ||||| |||| 00| 0 eng d
020			_a9781509528257
082			_a330.156 _bHAY
100			_aHayes, M. G. _98226
245			_aJohn Maynard Keynes: the art of choosing the right model
260			_bPolity Press _aCambridge _c2020
300			_axv, 195 p.
365			_aUSD _b24.95
504			_aTABLE OF CONTENTS List of Tables List of Figures Acknowledgements Preface How To Read This Book Glossary 1. Why Study Keynes? 2. The Classical Theory of Employment, Interest and Money 3. The General Theory of Employment, Interest and Money 4. The Great Confusion 5. The Long Struggle to Escape 6. From Versailles to Bretton Woods 7. The Keynesian Era 8. Keynes for Today Further Reading Bibliography Index
520			_aDESCRIPTION John Maynard Keynes is the 20th century’s greatest economist. He sparked an intellectual revolution that transformed economic theory and policymaking. This book, written in plain English with minimal mathematics, is a concise and probing account of his major ideas. Keynes, argues Mark Hayes, showed that economics is a science of thinking in terms of models, in which progress depends on recognising when established models have become obsolete and new ones are required. Hayes outlines how Keynes did this, tracing his progression from the ‘Classical’ model that he inherited through to his masterpiece, <i>The General Theory of Employment, Interest and Money</i>, and beyond. The intellectual narrative is placed in its historical context, from the Versailles Peace Conference in 1919 to Bretton Woods. The final chapters consider the impact of Keynes’s legacy, including his relevance to reform of the Euro. This accomplished study is not only a comprehensive introduction for students and general readers, but also a crystal-clear demonstration of how Keynes’ thought is vital to understanding why contemporary economics needs to discard its old models and embrace profound change.
650			_aKeynesian economics _97675
650			_aPolitical and social views _98227
942			_2ddc _cBK