{"product_id":"the-collected-writings-of-john-maynard-keynes-volume-7-9781107673731","title":"The Collected Writings of John Maynard Keynes","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eThe most provocative book written by any economist of Keynes's generation, propounding a fundamentally new approach that revolutionised economics.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003ePart I. Introduction: 1. The general theory; 2. The postulates of the classical economics; 3. The principle of effective demand; Part II. Definitions and Ideas: 4. The choice of units; 5. Expectation as determining output and employment; 6. The definition of income, saving and investment; 7. The meaning of saving and investment further considered; Part III. The Propensity to Consume: 8. The propensity to consume - i. The objective factors; 9. The propensity to consume - ii. The subjective factors; 10. The marginal propensity to consume and the multiplier; Part IV. The Inducement to Invest: 11. The marginal efficiency of capital; 12. The state of long-term expectation; 13. The general theory of the rate of interest; 14. The classical theory of the rate of interest; 15. The psychological and business incentives to liquidity; 16. Sundry observations on the nature of capital; 17. The essential properties of interest and money; 18. The general theory of employment re-stated; Part V. Money-wages and Prices: 19. Changes in money-wages; 20. The employment function; 21. The theory of prices; Part VI. Short Notes Suggested by the General Theory: 22. Notes on the trade cycle; 23. Notes on mercantilism, the usury laws, stamped money and theories of under-consumption; 24. Concluding notes on the social philosophy towards which the general theory might lead.","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":51019395989847,"sku":"9781107673731","price":23.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781107673731.jpg?v=1750780141","url":"https:\/\/bookcurl.com\/products\/the-collected-writings-of-john-maynard-keynes-volume-7-9781107673731","provider":"Book Curl","version":"1.0","type":"link"}