Economic of John Maynard Keynes

This book is an exposition of the economics of John Maynard Keynes, It focuses on the forces which determine the volume of effective demand, an insufficiency of which leads , to unemp Toyment, and an excess of which causes inflation. The subject matter of the book is the economics of Keynes rather than Keynesian economics. The distinction is ini'portanto In recent years the scientific as well as the not-so scientific literature in economics has been filled with books and articles refining, enlarging, criticizing, and "refurting" what is now commonly referred to as "The New Economics." The positive contributions of others in this vast literature are important, but in a book of this size, it is not possible . to encompass the field of discussion and controversy. The basic idea behind this book is the need for a simple and thorough exposition of the ideas of the one man who stands above all others as the chief architect of "The New Economics."