The General Theory of Employment, Interest and Money (Record no. 8241)
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000 -LEADER | |
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fixed length control field | 03325nam a2200277Ia 4500 |
003 - CONTROL NUMBER IDENTIFIER | |
control field | RRU |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20230808122659.0 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 211214s2020 ||||||||||||||||| ||eng|d |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
ISBN | 9788126905911 |
Printed Price | Rs. 695.00 |
040 ## - CATALOGING SOURCE | |
Original cataloging agency | RRU |
Language of cataloging | English |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | Eng. |
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER | |
Class No. | 330.156 |
Item number | KEY |
100 ## - FIRST AUTHOR (IF A PERSON) | |
Name of author | Keynes, John Maynard |
9 (RLIN) | 6177 |
245 #4 - TITLE STATEMENT | |
Title | The General Theory of Employment, Interest and Money |
Statement of responsibility | John Maynard Keynes |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Name of publisher, distributor, etc. | Atlantic Publishers |
Date of publication, distribution, etc. | 2020 |
Place of publication, distribution, etc. | New Delhi, India |
300 ## - PHYSICAL DESCRIPTION | |
No. of pages | xl, 311p. |
Other physical details | : 2 x 14 x 22 cm |
520 ## - SUMMARY, ETC. | |
Summary, etc. | John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and Money is undoubtedly the century’s most important book on economics—strongly influencing economic theory and practice, particularly with regard to the role of government in stimulating and regulating a nation’s economic life. Keynes’s work has undergone significant revaluation in recent years, and “Keynesian” views which have been widely defended for so long are now perceived as at odds with Keynes’s own thinking. Recent scholarship and research has demonstrated considerable rivalry and controversy concerning the proper interpretation of Keynes’s works, such that recourse to the original text is all the more important. Although considered by a few critics that the sentence structures of the book are quite incomprehensible and almost unbearable to read, the book is an essential reading for all those who desire a basic education in economics. The key to understanding Keynes is the notion that at particular times in the business cycle, an economy can become over-productive (or under-consumptive) and thus, a vicious spiral is begun that results in massive layoffs and cuts in production as businesses attempt to equilibrate aggregate supply and demand. Thus, full employment is only one of many or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to boost or stimulate demand to produce full employment. This something could be business investment but because of the logic and individualist nature of investment decisions, it is unlikely to rapidly restore full employment. Keynes logically seizes upon the public budget and government expenditures as the quickest way to restore full employment. Borrowing the money to finance the deficit from private households and businesses is a quick, direct way to restore full employment while at the same time, redirecting or siphoning off the funds from the private sector which caused the over-production is in the first place. Keynes’s theory is unquestionably significant in understanding of modern economics. Far from being destructive, it alone has been responsible for nearly 60 years of growth without a major depression as we experienced worldwide in the 1930s. While the present book is indispensable for the students, researchers and teachers of Economics, it is highly useful for the general readers keenly interested in understanding nation’s economy. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Subject heading | Economics |
9 (RLIN) | 3759 |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Subject heading | Money |
9 (RLIN) | 6178 |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Subject heading | Interest |
9 (RLIN) | 6179 |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Subject heading | Monetary policy |
9 (RLIN) | 5178 |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Subject heading | Usury |
9 (RLIN) | 6180 |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Subject heading | Economic policy |
9 (RLIN) | 589 |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Subject heading | Manpower policy |
9 (RLIN) | 6181 |
942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
Source of classification or shelving scheme | Dewey Decimal Classification |
Koha item type | Books |
Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan (e.g. reference copy) | Home library | Current library | Date acquired | Purchase price (after disc. etc) | Total Checkouts | Full call number | Accession No | Date last seen | Price effective from | Koha item type |
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Dewey Decimal Classification | Rashtriya Raksha University | Rashtriya Raksha University | 09/02/2021 | 556.00 | 330.156 KEY | 10548 | 14/12/2021 | 14/12/2021 | Books |