John Maynard Keynes was the most brilliant and influential economist of the 20th century. Frightened by mass unemployment, governments throughout the capitalist world pursued Keynesian policies until the late 1970s, when a new economic theory, Monetarism, became fashionable. However, Monetarism was not as successful as its advocates had predicted, and a Keynesian approach returned to favour.
'Introducing Keynesian Economics' lucidly explains the Keynesian revolution and paints a vivid picture of Keynes the man - a brilliant scholar, a colourful member of the Apostles and the Bloomsbury Group, and an open homosexual who later married a ballerina. This book is the ideal introduction to Keynes, for both students and general readers.
