The modern recession casts doubt on many long-held economic beliefs, in particular, the validity of free markets. Unable to agree on causes or remedies, economists look on as politicians try various kinds of stimulus spending and corporate bailouts. Pundits call forth the ghost of John Maynard Keynes, often incorrectly labeled as a has-been socialist and tax-and-spend liberal. But Robert Skidelsky, Keynes’ biographer and a noted expert on the economist and his work, reveals how Keynes’ pre-World War II experiences shaped an economic worldview that still holds lessons for the 21st century. This scholarly book assumes that the reader has more than a nodding acquaintance with modern economic theory and philosophy, yet Skidelsky also injects literary references and sparks of wit that enliven the sometimes-challenging text. getAbstract suggests this abbreviated, but solid, look at Keynes to students of economic and political history, and to anyone who is trying to make sense of how the 2008 crisis happened and how to move forward.
About the Author
Robert Skidelsky, emeritus professor of Political Economy at the University of Warwick, is the award-winning author of a three-volume biography of John Maynard Keynes.
Unfortunately, our contract with the publisher of this book does not allow us to distribute the summary in your country. This is a rare occurrence. We apologize for the inconvenience. Please click below for another edition of the book or feel free to download any other title.Click here for another edition of this book.
Comment on this summary
By the same author
Robert Skidelsky and Edward Skidelsky
Other Press, 2012
Contained in Knowledge Pack:
Knowledge PackKeynes Updated and RedefinedWhy John Maynard Keynes still has something to say about the economy
Customers who read this summary also read
Hyman P. Minsky
TED Conferences LLC, 2015