- 232 pages
- English
- PDF
- Available on iOS & Android
About this book
Studies in Political Economy: Capital and Employment: A Study of Keynes's Economics focuses on the inquiry into Keynesian economics, particularly the relationship of capital and employment. The publication first underscores the contemporary position of 'Keynesian' economics, traditional long-period method of economic analysis, and theoretical systems and the long-period method. Discussions focus on the structure of classical economic theory, structure of marginalist economic theory, and the traditional long-period method of economic analysis. The text then ponders on the analysis of deviations from long-period positions, principle of effective demand, and the theory of capital and theory of employment. Topics include Keynes on the 'classical' theory of interest, capital and employment, inflexibility of money-wages, long-period theory of output and employment, and principle of effective demand. The book takes a look at the theoretical system of the treatise versus the general theory and the method of analysis in the treatise and the general theory, including the conceptual framework of the treatise on money and general theory and the natural rate of interest and level of employment. The publication is a valuable reference for economists and researchers interested in the relationship of capital and employment.
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Table of contents
- Front Cover
- Capital and Employment: A Study of Keynes's Economics
- Copyright Page
- Table of Contents
- Series Editor's Preface
- Preface
- CHAPTER I. INTRODUCTION
- CHAPTER II. PRELIMINARY DEFINITIONS AND CONCEPTS
- PART ONE: THE PRE-1936 ORTHODOXY AND THE GENERAL THEORY
- PART TWO: THE TREATISE ON MONEY AND THE GENERAL THEORY
- Appendix 1: NATURAL PRICES, PERSISTENT FORCES AND THE CONCEPT OF SELF-ADJUSTMENT
- Appendix 2: NOTES ON 'STOCKS AND FLOWS', 'SUPPLY-PRICE' AND 'QUASI-RENT'
- REFERENCES
- INDEX