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The General Theory of Employment, Interest, and Money (Great Minds Series)
by John Maynard Keynes
from Prometheus Books
Customer Reviews:
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Avg. Customer Rating: 3.5 / 5.0 
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Backwards, and Repeatedly Debunked 
This book is a lesson in garbage in, garbage out. Keynes starts with numerous false assumptions, and follows them to their false conclusions. Keynes has been proven wrong time and again, not only through the texts of much better economic writers (Hayek, Rothbard, Mises), but also through the plain facts of history. Keynes' book reads like through the looking glass, where down is up, and everyone is drunk at a mad tea party. Keynes' ideas are precisely what will (and already have) lead society to... more info
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Horribly formatted 
This version is virtually unreadable, due to its terrible formatting, which clearly no one bothered to even glance at after some kind of machine translation from another format.
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Keynes proves mathematically that the Speculative demand for money creates involuntary unemployment 
Keynes presented a generalization of neoclassical theory.Keynes starts the GT in chapter 2 where he analyzes the neoclassical theory of the labor market.He notes that the most advanced technical treatmant was presented by Pigou in his 1933 book,The Theory of Unemployment.Keynes demonstrates in the appendix to chapter 19 that Pigou's model of his theory is a special case of Keynes's general model developed in chapters 20 and 21.The primary result of neoclassical theory is that an optimum result (full... more info
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Economics of Failure 
John Maynard Keynes is the collectivist's savior. Finally, the welfare statist thinks, someone who actually makes my ideas sound good to economists. Unfortunately, Keynes's theory is nothing new. It should be incredibly obvious to any non-professional that if a large entity (government) decides to spend a lot of money over a short period of time, then in the short term there will be very pleasurable effects. In the long term, however, a large sum of money spent by the government will have very harmful... more info
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