Keynesian Revolution audio books - Dr. Fred Glahe and Dr. Frank Vorhies Business Audio Books / Economics

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Keynesian Revolution, The

See Larger Image	Category :	Economics

	Publisher :	Blackstone Audio Inc
	Author :	Dr. Fred Glahe and Dr. Frank Vorhies
	Narrator :	Louis Rukeyser

	Length :	2 hours 30 minutes (Unabridged)

Download Price :		$8.99

Format :		Encoded Windows Media

© 2006 Blackstone Audio Inc

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John Maynard Keynes (1883-1946) was without question the most influential economist of the twentieth century.
His most important work, The General Theory of Employment, Interest, and Money, was published in 1936, and it was
widely perceived as offering plausible explanations and solutions for the Great Depression.

Keynes suggested that capitalism is vulnerable to instability caused by insufficient consumer demand. He emphasized the
reluctance of workers to accept reductions in nominal wages, preventing free market adjustments to unemployment. Based
on these and other perceived defects in the capitalist system, Keynes suggested government intervention in the economy,
and modern politicians have accepted and applied Keynesian ideas with great enthusiasm.

University of Colorado

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