The general theory of employment, interest and money |
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User Review - justindtapp - LibraryThingI found this free at Project Gutenberg and is the first ebook I've read exclusively on my iBooks (instead of Kindle & Kindle apps). I decided it would be great to read it since I just finished Wealth ... Read full review
Economics of Employment, Interest, and Money
User Review - oraibi1952 - BordersMuch has been written about Keynes' "General Theory of Employment, Interest, and Money"; thus I will not attempt to add anything. Read full review
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actual aggregate demand assets assume assumption capital equipment capital-assets capital-goods cash cent Chapter classical theory commodities consumption corresponding current investment debts definition depends determine diminish economic economists effective demand efficiency of capital elasticity employed entrepreneurs equal equilibrium excess existing expectation fact factor cost factors of production fall favourable fluctuations full employment future given increase increment individual industry labour laissez-faire level of employment liquidity liquidity-preference liquidity-premium long-period marginal efficiency marginal propensity means measured ment mercantilist money-rate of interest Moreover output partly period preneurs production Professor Pigou profit propensity to consume proportion prospective yield purchase quantity of money rate of interest rate of investment real income real wage reason reduction in money-wages rentier result rise saving schedule sense sufficient supplementary cost suppose terms of money terms of wage-units theory of employment tion trade cycle volume of employment wage-goods wealth whilst whole zero