In 'Essays in Persuasion', John Maynard Keynes masterfully explores the art of persuasion through a series of thought-provoking essays. Delving into economics, philosophy, and public policy, he challenges conventional wisdom and advocates for innovative solutions to societal issues. Keynes's eloquent arguments highlight the interplay between economic theory and human behavior, revealing how ideas can reshape the world. His timeless insights remain relevant, prompting readers to reconsider their beliefs about markets, government, and the future. This compelling collection not only showcases Keynes's brilliance but also invites readers to engage in a deeper dialogue about the power of ideas.
By John Maynard Keynes
Published: NaN
""The difficulty lies not so much in developing new ideas as in escaping from old ones.""
2012 Reprint of 1932 American Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. The essays in this volume show Keynes's attempts to influence the course of events by public persuasion over the period of 1919-40. In the light of subsequent history, 'Essays in Persuasion' is a remarkably prophetic volume covering a wide range of issues in political economy. In articles on the Versailles Treaty, John Maynard Keynes foresaw all too clearly that excessive Allied demands for reparations and indemnities would lead to the economic collapse of Germany. In Keynes's essays on inflation and deflation, the reader can find ideas that were to become the foundations of his most renowned treatise, 'The General Theory of Employment, Interest and Money' (1936). With startling accuracy Keynes forecast the economic fluctuations that were to beset the economies of Europe and the United States and even proposed measures which, if heeded at the time, might have warded off an era of world-wide depression. His views on Soviet Russia, on the decline of laissez-faire, and the possibilities of economic growth are as relevant today as when Keynes originally set them forth.
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“"The difficulty lies not so much in developing new ideas as in escaping from old ones."”
Essays in Persuasion
By John Maynard Keynes
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John Maynard Keynes (1883-1946) was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. He is best known for his influential work, 'The General Theory of Employment, Interest and Money' (1936), where he argued that total spending in an economy (aggregate demand) is the primary driving force of economic growth and employment. His theories, later termed Keynesian economics, advocated for increased government expenditures and lower taxes to stimulate demand and pull the global economy out of the Great Depression. Keynes' writing style is characterized by its clarity and emphasis on practical solutions to economic problems, making complex concepts accessible to a broader audience. His contributions have had a lasting impact on both economic theory and public policy.
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