Lectures on John Maynard Keynes’ General Theory of Employment, Interest and Money (1): Chapter One, Background and Historical Setting

University of Guelph Department of Economics and Finance Discussion Paper No. 2013-06

51 Pages Posted: 19 Aug 2013

See all articles by Brian S. Ferguson

Brian S. Ferguson

University of Guelph - Department of Economics

Date Written: July 15, 2013

Abstract

This paper puts John Maynard Keynes’ "The General Theory of Employment, Interest and Money" into its historical context, both in terms of economic history and in terms of the history of economics. It discusses the post-World War I period as background to the General Theory, looks at the influence of other economists of the period on the evolution of Keynes’ thought and considers the parallels between the post-World War period and the post-Napoleonic War period, when Ricardo and Malthus were debating issues very similar to the ones with which Keynes was wrestling.

Keywords: Keynes, General Theory, Keynesian Economics, Classical Economics, Great Depression, Macro Modelling, Hawtrey, Pigou

JEL Classification: B10, B12, B13, B22, B31, E12, N12, N14

Suggested Citation

Ferguson, Brian S., Lectures on John Maynard Keynes’ General Theory of Employment, Interest and Money (1): Chapter One, Background and Historical Setting (July 15, 2013). University of Guelph Department of Economics and Finance Discussion Paper No. 2013-06. Available at SSRN: https://ssrn.com/abstract=2312707 or http://dx.doi.org/10.2139/ssrn.2312707

Brian S. Ferguson (Contact Author)

University of Guelph - Department of Economics ( email )

50 Stone Road East
Guelph, Ontario N1G 2W1
Canada

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