1936 The General Theory of Employment Interest and Money
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Description
An Important Work, Early Edition, Original Source
The third impression. First published in February 1936. The General Theory of Employment Interest and Money created a paradigm shift in economic thought, fully refuting classical theories that full employment was the natural result of a competitive market in equilibrium. The Keynesian revolution placed macroeconomics at the centre of economic theory and changed the terminology and landscape of economic philosophy. This work helped to cement Keynes' place as a philosopher whose ideas fundamentally changed economic thinking, and created the basis for Keynesian economics. An early edition of this defining work.
Condition
In full pebbled cloth. Externally rubbed to the boards and extremities, resulting in loss to the cloth. Internally firmly bound. Pages bright and clean with age toning due to paper used. Ink stamp to title page.
Very Good
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