John Maynard Keynes
John Maynard Keynes was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. He is most famous for his advocacy of government intervention in the economy during recessions and depressions. His most notable work, 'The General Theory of Employment, Interest, and Money', published in 1936, argued against the then-prevailing idea that free markets would automatically provide full employment. His theories laid the foundation for Keynesian economics.
This list of books are ONLY the books that have been ranked on the lists that are aggregated on this site. This is not a comprehensive list of all books by this author.
This influential economic treatise presents a groundbreaking theory that challenges classical economics, asserting that aggregate demand, driven by public and private sector spending, is the primary factor influencing economic activity and employment levels. The book also introduces the concept of fiscal and monetary policies as tools to manage economic downturns, thus shaping the foundation of modern macroeconomics. It further critiques the idea that market economies would automatically provide full employment and argues for active government intervention to prevent economic recessions and depressions.
This book is a critique of the Treaty of Versailles, written by a British economist who was part of the British delegation to the peace conference. The author argues that the harsh reparations and economic measures imposed on Germany after World War I were unfair and would lead to economic instability and another war. He suggests that a more just and economically sound approach would have been to rebuild Germany and integrate it into the global economy, rather than punishing it.