In this Very Short Introduction Lord Skidelsky, a renowned biographer of Keynes, explores his ethical and practical philosophy, his monetary thought, and provides an insight into his life and works. In this book, Skidelsky puts himself in the camp of those who argue, in effect, that Keynes 1937, not Keynes 1936, is the man to listen to – that Keynesianism is, or should be, essentially about uncertainty and how it leads to economic instability. That's not the same thing, however, as saying that Keynes was right – even about his own contribution. John Maynard Keynes offers a sympathetic account of the life of a passionate visionary and an invaluable insight into the economic philosophy that still remains at the centre of political and economic thought. The author offers a portrait of Keynes not only as an … His three volume biography of John Maynard Keynes (1983, 1992, 2000) received numerous prizes, including the Lionel Gelber Prize for International Relations and the Council on Foreign Relations Prize for International Relations. And when everyone is trying to accumulate cash at the same time, which is what happened worldwide after the collapse of Lehman Brothers, the result is an end to demand, which produces a severe recession. Robert Skidelsky is Professor of Political Economy at the University of Warwick, author of The World After Communism (1995) and the definitive three-volume biography of the economist John Maynard Keynes, which received five prizes, including the Lionel Gelber Prize for International Relations and the Council of Foreign Relations Prize for International Relations. But there is much less agreement about what, exactly, needs to change in the way we think about matters economic. By clicking Sign Up, I acknowledge that I have read and agree to Penguin Random House's Privacy Policy and Terms of Use. Notify me when available. His three volume biography of the economist John Maynard Keynes (1983, 1992, 2000) received numerous prizes, including the Lionel Gelber Prize for International Relations and the Council on Foreign Relations Prize for International Relations. On this view, Keynesian economics is primarily a theory designed to explain how market economies can remain persistently depressed. Skidelsky argues that we work too hard and too long. Please try again later. The great economist's theories have never been more relevant – and his biographer remains their most compelling advocate, says Paul Krugman, John Maynard Keynes at home in London, 1940. A famous author (Baron Skidelsky was created a life peer in 1991) has written it. In addition to his works on Keynes, he is the author of The World After Communism, Politicians and the Slump, and Oswald Mosley. Keynes showed, however, that Say's Law isn't true, because in a monetary economy people can try to accumulate cash rather than real goods. As you might guess, I do, in fact, have some questions about Skidelsky's conclusions, though not so much about how we got here as about what we do next. If, in addition to their other inside advantages, they were capable of good advice, clearly they would have retired long ago with a large fortune' Paperback (08 Feb 1996) | English. We're living in the second Age of Keynes – and Robert Skidelsky is still the guide of choice. His three volume biography of the economist John Maynard Keynes (1983, 1992, 2000) received numerous prizes, including the Lionel Gelber Prize for International Relations and the Council on Foreign Relations Prize for International Relations. But Robert Skidelsky has done us a service by putting it in a handy book.” – … But there's an alternative interpretation of what Keynes was all about, one offered by Keynes himself in an article published in 1937, a year after The General Theory. Paperback (07 Oct 2010) $11.82 $7.87 . Massimiliano Bolondi is … I have just finished this brilliant book by the historian Robert Skidelsky, biographer of Keynes. No matter. • Paul Krugman won the Nobel Prize for economics last year. For the last twenty-five years it has been widely assumed that this applied to Keynes’s own theories. Shown itself to be revived on the other hand, which was a! The other hand, which was created a life peer in 1991, a. Book of the British Academy in 1994 writing in 1980 destined to become an important book of Maynard... 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