When unbridled capitalism falters, is there an alternative? This title shows how the great economist's ideas not only explain why the current financial crisis occurred - but are our best way out.
Robert Skidelsky's Keynes: The Return of the Master shows how the great economist's ideas not only explain why the current financial crisis occurred - but are our best way out.
> John Maynard Keynes
When unbridled capitalism falters, is there an alternative? The twentieth century's most influential economist tells us that there is. John Maynard Keynes argued that an unmanaged market system is inherently unstable because of irreduceable uncertainty; that fiscal and monetary ammunition is needed to counter economic shocks; and that governments need to maintain enough total spending power in the economy to minimize the chance of serious recessions happening.
> Paul Krugman, Observer
> Dominic Lawson, Sunday Times
> Oliver Kamm, The Times
> Dwight Gardner, The New York Times
> Samuel Brittan, Financial Times
Robert Skidelsky is Emeritus Professor of Political Economy at the University of Warwick. 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. He is also the author of the The World After Communism (1995).
