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In his book The General Theory of Employment Interest and Money what was Keynes credited with?
Wiki User
∙ 6y ago
creating and shaping modern macroeconomics
Wiki User
∙ 6y ago
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How do you pronounce Keynes?
the correct pronunciation is kanes rather than keenes
Different definition of economics by different economist?
>Jevons, William Stanley (jĕv'ənz) , 1835-82, English economist and logician. After working in Australia as assayer to the mint, he taught at Owens College, Manchester, and University College, London. His major contribution to economics was his marginal utility theory of value; Jevons held that value was determined by utility, and he demonstrated the relationship in mathematical terms. The Theory of Political Economy (1871) was his chief theoretical work. His practical application of economics in The Coal Question (1865) influenced government action. In General Mathematical Theory of Political Economy(1862), he demonstrated his belief in the application of mathematics to economic theory. His several texts include Pure Logic (1863) and The Principles of Science (1874). >Marshall, Alfred, 1842-1924, English economist. At Cambridge, where he taught from 1885 to 1908, he exerted great influence on the development of economic thought of the time; one of his students was John Maynard http://www.answers.com/topic/john-maynard-keynes. He systematized the classical economic theories and made new analyses in the same manner, thus laying the foundation of the neoclassical school of economics. He was concerned with theories of costs, value, and distribution and developed a concept of marginal utility. His Principles of Economics (1890) was for years the standard work and is still widely read. Among his other works are Industry and Trade (1919) and Money, Credit, and Commerce (1923). >Robbins, Lionel Charles, 1898-1984, British economist, b. Middlesex, England. A professor at the London School of Economics (1929-61), he wrote the well-known methodological treatise, An Essay in the Nature and Significance of Economic Science (1932). A supporter of the free market system and an opponent of http://www.answers.com/topic/john-maynard-keynes, his work was influential in the advancement of economics as a philosophy and science. As chairman of the Committee on Higher Education (1961-64), Robbins was instrumental in bringing about significant reforms in the British university system.
In his book the general theory of employment interest and money what was keynes created with?
creating and shaping modern macroeconomics
Who was a British economist that wrote a book in 1936 about the causes of recession?
John Maynard Keynes wrote the book The General Theory of Employment, Interest and Money.
Who developed the consumption function?
The consumption function was developed by John Maynard Keynes. The function was outline in his book titled 'The General Theory of Employment, Interest and Money'.
English economist who advocatedfiscal and monetary measures to maintain the adverse affects of recesssion?
I believe you may be thinking of John Maynard Keynes, an English economist who argued in The General Theory of Employment, Interest, and Money
What has the author Paul Wells written?
Paul Wells has written: 'Keynes's General Theory critique of the neoclassical theories of employment and aggregate demand'
What happened in the year 1936?
There were many events occurring in the year 1936. In February 1936, John Maynard Keynes released his treatise on economics, "The General Theory of Employment, Interest and Money". Also, in June 1936, a major heat wave hit North America, killing thousands.
Keynes believed that the government must get involved in the economy to bring the country out of the Great Depression?
Keynes believed that only government intervention could get a country out of a depression and the economy back on track.
What did Keynes believed the result of government in the problems of the people during the great depression would be?
Full employment
Keynes believed that the result of government involvement in the problems of the people during the Great Depression would be?
Full Employment
The economic policy of John Maynard Keynes called for government assistance so there could be full employment?
true
Keynes considered full employment GDP to be?
The level of GDP where all labour is employed (that is, long-run unemployment is minimised).
What did Keynes believe the result of government involvement in the problems of the people during the great depression would be-?
The problems of the people would be full employment.
