The End Of Laissez Faire John Maynard Keynes

Author: John Maynard Keynes
Editor: Irvington Pub
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The End Of Laissez Faire

Author: John Maynard Keynes
Editor: Prometheus Books
ISBN: 1615920188
File Size: 16,39 MB
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John Maynard Keynes (1883-1946) was the most influential economist of the first half of the twentieth century. During both world wars he was an adviser to the British treasury, and his theory of government stimulation of the economy through deficit spending influenced Franklin D. Roosevelt's "New Deal" administration. The mass unemployment caused by the Great Depression inspired his most famous work, General Theory of Employment, Interest and Money (1935-36). Keynes first gained widespread prominence immediately following World War I, when he attended the Versailles peace conference as an economic adviser to British Prime Minister David Lloyd George. Disgusted with the harshly punitive and unrealistic provisions of the Versailles Treaty, as well as the political chicanery and general incompetence of the chief participants, he published The Economic Consequences of the Peace in 1919. This book gained a good deal of notoriety because of its withering portraits of both French premier Georges Clemenceau and U.S. President Woodrow Wilson. Keynes described Clemenceau as motivated only by shortsighted nationalistic goals and vindictiveness, which aimed at crippling Germany for generations no matter what the consequences to the rest of Europe. He found fault with Wilson for his ivory tower idealism, lack of diplomatic savvy, and unfamiliarity with the political realities of Europe. This ineffectual combination ultimately dashed his best hopes for a League of Nations and a just resolution to the war in Europe. In a point-by-point analysis Keynes makes clear the ruinous consequences of the treaty to all of Europe and proposes substantial modifications. Unfortunately, few appreciated Keynes's prescience, and he saw his worst fears realized in the rise of Hitler and the devastation of World War II. In The End of Laissez-Faire (1926) he presents a brief historical review of laissez-faire economic policy. Though he agrees in principle that a marketplace of free individuals pursuing their own self-interest without government interference has a better chance of improving society's economic situation than socialist alternatives, he suggests that government can play a constructive role in protecting individuals from the worst harms of capitalism's cycles, especially as concerns unemployment. Other useful government functions are the dissemination of information relating to business conditions, encouraging savings and investment along "nationally productive channels," and forming a national policy about the size of population. Keynes's brilliant mind and lucid writing are evident on every page. Both of these works are still well worth reading for his many stimulating ideas and profound knowledge of economics.

The End Of Laissez Faire

Author: Robert Kuttner
Editor: University of Pennsylvania Press
ISBN: 9780812214017
File Size: 65,57 MB
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Here is a book that explores what American economic policy should and can be—a superb yet controversial interpretation of the relation between domestic economic health and international politics, and of how we should set priorities to maintain our economy and our competitive vigor in the future.

The End Of Laissez Faire

Author: Damien Cahill
Editor: Edward Elgar Publishing
ISBN: 178100028X
File Size: 10,93 MB
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øWhen the global financial crisis hit in 2007, many commentators thought it heralded the end of neoliberalism. Several years later, neoliberalism continues to dominate policy making. This book sets out why such commentators got it so wrong, and why neo

A Case For Laissez Faire

Author: James Wilkie Nisbet
Editor:
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File Size: 22,72 MB
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The Failure Of Laissez Faire Capitalism And Economic Dissolution Of The West

Author: Paul Craig Roberts
Editor: Atwell Publishing
ISBN: 0988406519
File Size: 40,58 MB
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This very readable book by a distinguished economist, Wall Street Journal editor, and Assistant Secretary of the US Treasury is a major challenge both to economic theory and to media explanations of the ongoing 21st century economic crisis. The one percent have pulled off an economic and political revolution. By offshoring manufacturing and professional service jobs, US corporations destroyed the growth of consumer income, the basis of the US economy, leaving the bulk of the population mired in debt. Deregulation was used to concentrate income and wealth in fewer hands and financial firms in corporations “too big to fail,” removing financial corporations from market discipline and forcing taxpayers in the US and Europe to cover bankster losses. Environmental destruction has accelerated as economists refuse to count the exhaustion of nature’s resources as a cost and as corporations impose the cost of their activities on the environment and on third parties who do not share in the profits. This is the book to read for those who want to understand the mistakes that are bringing the West to its knees.

Tokyo Business Today

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File Size: 57,57 MB
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Zei Discussion Paper

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File Size: 65,87 MB
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Economics

Author: Tom Riddell
Editor: Addison Wesley Publishing Company
ISBN:
File Size: 46,44 MB
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British Liberalism

Author: Robert Eccleshall
Editor: Addison-Wesley Longman Limited
ISBN:
File Size: 24,19 MB
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The Decline Of Laissez Faire 1897 1917

Author: Harold Underwood Faulkner
Editor:
ISBN:
File Size: 48,52 MB
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The exciting story of how the principle of government regulation established itself in the expanding American economy of 1897 to 1917.

Periodica Polytechnica

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File Size: 63,58 MB
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The Nineteenth Century

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The Twentieth Century

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File Size: 23,18 MB
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University Of California Union Catalog Of Monographs Cataloged By The Nine Campuses From 1963 Through 1967 Authors Titles

Author: University of California (System). Institute of Library Research
Editor:
ISBN:
File Size: 43,93 MB
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International Encyclopedia Of The Social Sciences

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File Size: 72,58 MB
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Political Economy And Public Policy

Author: Deepak Lal
Editor: Ics Press
ISBN:
File Size: 68,10 MB
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Iassi Quarterly

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ISBN:
File Size: 68,19 MB
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