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Keynes, November 2010
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Keynes, September 2009
Hardcover
The Return Of The Master
PublicAffairs
September 2009
On Sale: September 15, 2009
240 pages
ISBN: 1586488279
EAN: 9781586488277
Hardcover
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Non-Fiction
The ideas of John Maynard Keynes have never been more
timely. No one has bettered Keynes's description of the
psychology of investors during a financial crisis: ‘The
practice of calmness and immobility, of certainty and
security, suddenly breaks down. New fears and hopes will,
without warning, take charge of human conduct… the market
will be subject to waves of optimistic and pessimistic
sentiment.' Keynes's preeminent biographer, Robert
Skidelsky, Emeritus Professor of Political Economy at the
University of Warwick, brilliantly synthesizes from Keynes's
career and life the aspects of his thinking that apply most
directly to the world we currently live in. In so doing,
Skidelsky shows that Keynes's mixture of pragmatism and
realism – which distinguished his thinking from the
neo-classical or Chicago school of economics that has been
the dominant influence since the Thatcher-Reagan era and
which made possible the raw market capitalism that created
the current global financial crisis – is more pertinent and
applicable than ever. Crucially Keynes offers nervous
capitalists – and Keynes never wavered in his belief in the
capitalist system – a positive answer to the question we now
face: When unbridled capitalism falters, is there an
alternative? "In the long run," as Keynes famously said, "we
are all dead". We may not have time to wait for the perfect
theoretical operation of capital as the neo-classicists
insist will happen eventually. In the meantime, we have
Keynes: more supple, more human and more magnificently real
than ever.
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