Essays in Persuasion are a collection of articles and public letters published by Keynes in the 1920s and 30s. They treat mostly of economic subjects, beginning with the Versailles reparations and moving on to monetary manners, especially the return to gold, though the last fifth of the book is dedicated to political discussion (Keynes's view of Communism, the Liberal Party, hopes for a new culture in a future world of abundance...)...
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It is eye-opening to read original essays by John Maynard Keynes, a person whose economic philosophy was criticized for many years, but it turns out that philosophy is applicable to today's economic problems. He writes with a casual style, so not hard to understand.
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To the interested layperson John Mayanrd Keynes is known as a villain/genius responsible for the theory of governmental deficit spending in a time of economic crises. This book in a concise and understandable manner, without recourse to ponderous mathematical formulas, makes a very convincing case for the necessity of governmental intervention. When people are unwilling to spend and are hoarding cash, it is up to government...
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Writing during the nineteen twenties and thirties, when the specter of socialism didn't yet haunt the Anglo-Saxon ruling elites, Keynes didn't feel his duty to sing eulogies to the free market; on the contrary, he felt his duty as an economist to propose ways through which modern society could supersede the "centrality of the money motive". The essays devoted to problems of politics in this collection, specially "A short view...
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John Maynard Keynes at his most beguiling. A series of essays that have not lost their power despite the passage of 70 years or so. As a prose stylist Maynard Keynes could equal his friends Virginia Woolf and E.M. Forster, and he does so in this volume. Perhaps the apogee of essay writing of the Oxford/Cambridge type, this volume has a charm that is absent from his longer works (General Theory, Tract on Monetary Reform,...
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