Superphysics Superphysics

The General Theory of Employment, Interest and Money

Keynes lived in a time when economies boomed aftter WWI and after Central Banks shifted to the gold standard from bimetalism. This led him to enshrine money as wealth
The Marginal Propensity to Consume and the Multiplier
Chapter 10c
The Marginal Propensity to Consume and the Multiplier →
The Marginal Efficiency of Capital
Chapter 11
The Marginal Efficiency of Capital →
The Types of Risk that Affect the Volume of Investment
Chapter 11b
The Types of Risk that Affect the Volume of Investment →
Speculators Versus Enterprise
Chapter 12e
Speculators Versus Enterprise →
The Animal Spirits
Chapter 12e
The Animal Spirits →
The Factors that Affect Expectations
Chapter 12c
The Factors that Affect Expectations →
The Importance of State of confidence in Long-Term Expectation
Chapter 12
The Importance of State of confidence in Long-Term Expectation →
The State of Credit
Chapter 12d
The State of Credit →
The State of Long-Term Expectation
Chapter 12
The State of Long-Term Expectation →
The General Theory of the Rate of Interest
Chapter 13
The General Theory of the Rate of Interest →
The Liquidity Preference
Chapter 13b
The Liquidity Preference →
Investment Rate versus Interest Rates
Chapter 14b
Investment Rate versus Interest Rates →