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Essays in Persuasion
392 pages, 2012
In Essays in Persuasion, John Maynard Keynes was remarkably prophetic. He foresaw all too clearly that excessive allied demands for reparations and indemnities would lead to the economic collapse of Germany.
In his essays on inflation and deflation, the reader can find ideas that were to become the foundations of his most renowned treatise, The General Theory of Employment, Interest, and Money (1936). With startling accuracy, Keynes forecast the economic fluctuations that were to beset the economies of Europe and the United States and even proposed measures that, if heeded at the time, might have warded off an era of worldwide depression.
His views on Soviet Russia, the decline of laissez-faire, and the possibilities of economic growth are as relevant today as when Keynes originally set them forth.
In 'Essays in Persuasion', John Maynard Keynes emphasizes the significance of sound economic policies. He believes that these policies can shape the future of nations and their citizens. So, if you're interested in economics or policy-making, you should definitely check out this book.
Keynes argues that government intervention in the economy is not only necessary but also beneficial. He suggests that it can help stabilize the economy and prevent financial crises. This is a great read if you want to explore the relationship between government and economy.
The book provides a deep insight into the Great Depression, one of the most devastating economic downturns in history. Keynes' analysis of the causes and consequences of the Great Depression can help you understand how economic crises occur and how they can be prevented.
Essays in Persuasion is a great way to get familiar with Keynesian economics. This economic theory, named after Keynes himself, advocates for increased government expenditures and lower taxes to stimulate demand and pull the global economy out of depression. If you're curious about different economic theories, you should look into this.
Keynes also discusses the economic impact of war. He argues that war can have severe economic consequences, including inflation and debt. If you're interested in the intersection of economics and geopolitics, you'll find this aspect of the book particularly intriguing.
Quotes 5
Keynes' 'Essays in Persuasion' is a timeless collection that redefined the way we perceive economics.
Paul Krugman - Economist, ColumnistKeynes' 'Essays in Persuasion' is a profound exploration of economic theories that still resonate today.
Robert Skidelsky - Historian, BiographerKeynes' 'Essays in Persuasion' is a masterful work that continues to influence economic thought.
Joseph Stiglitz - Economist, ProfessorKeynes' 'Essays in Persuasion' is a seminal work that has shaped the field of economics.
Amartya Sen - Economist, PhilosopherKeynes' 'Essays in Persuasion' is a groundbreaking book that has had a lasting impact on economics.
Nouriel Roubini - Economist, Professor