The General Theory : (Record no. 46099)

MARC details
000 -LEADER
fixed length control field 03129nam a22001817a 4500
003 - CONTROL NUMBER IDENTIFIER
control field CUTN
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20251029121736.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 251029b |||||||| |||| 00| 0 eng d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9788126906581
041 ## - LANGUAGE CODE
Language English
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 330.156
Item number KEY
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Keynes, John Maynard [Author.]
245 ## - TITLE STATEMENT
Title The General Theory :
Remainder of title Employment, Interest and Money /
Statement of responsibility, etc John Maynard Keynes ; Introduction by R.N. Ghosh.
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc New Delhi :
Name of publisher, distributor, etc Atlantic publishers & distributors (p) ltd.
Date of publication, distribution, etc 2022.
300 ## - PHYSICAL DESCRIPTION
Extent xl, 311 p. :
Other physical details ill. ;
Dimensions 24 cm. pb
520 ## - SUMMARY, ETC.
Summary, etc John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and Money is undoubtedly the century’s most important book on economics—strongly influencing economic theory and practice, particularly with regard to the role of government in stimulating and regulating a nation’s economic life. Keynes’s work has undergone significant revaluation in recent years, and “Keynesian” views which have been widely defended for so long are now perceived as at odds with Keynes’s own thinking. Recent scholarship and research has demonstrated considerable rivalry and controversy concerning the proper interpretation of Keynes’s works, such that recourse to the original text is all the more important. Although considered by a few critics that the sentence structures of the book are quite incomprehensible and almost unbearable to read, the book is an essential reading for all those who desire a basic education in economics. The key to understanding Keynes is the notion that at particular times in the business cycle, an economy can become over-productive (or under-consumptive) and thus, a vicious spiral is begun that results in massive layoffs and cuts in production as businesses attempt to equilibrate aggregate supply and demand. Thus, full employment is only one of many or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to boost or stimulate demand to produce full employment. This something could be business investment but because of the logic and individualist nature of investment decisions, it is unlikely to rapidly restore full employment. Keynes logically seizes upon the public budget and government expenditures as the quickest way to restore full employment. Borrowing the money to finance the deficit from private households and businesses is a quick, direct way to restore full employment while at the same time, redirecting or siphoning off the funds from the private sector which caused the over-production is in the first place. Keynes’s theory is unquestionably significant in understanding of modern economics. Far from being destructive, it alone has been responsible for nearly 60 years of growth without a major depression as we experienced worldwide in the 1930s. While the present book is indispensable for the students, researchers and teachers of Economics, it is highly useful for the general readers keenly interested in understanding nation’s economy.
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type General Books
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Collection code Home library Location Shelving location Date of Cataloging Total Checkouts Full call number Barcode Date last seen Price effective from Koha item type
    Dewey Decimal Classification     Non-fiction CUTN Central Library CUTN Central Library Social Sciences 29/10/2025   330.156 KEY 50820 29/10/2025 29/10/2025 General Books
    Dewey Decimal Classification     Non-fiction CUTN Central Library CUTN Central Library Social Sciences 29/10/2025   330.156 KEY 50821 29/10/2025 29/10/2025 General Books