
The General Theory of Employment, Interest, and Money
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Narrated by:
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Jonathan Keeble
About this listen
Keynes’ The General Theory of Employment, Interest, and Money remains, approaching a century after it first appeared, one of the most important documents on economics, along with Adam Smith’s The Wealth of Nations and Karl Marx’s Capital.
Hugely important for much of the 20th century, the General Theory was seemingly overtaken by monetarists but won a new, enduring respect among a new generation of economists and politicians following the financial difficulties which began in 2007-8.
John Maynard Keynes (1883-1946) promoted a middle way between the Marxist approach of total governmental control and those committed to, essentially, allowing markets to operate largely free of restraints. He saw the need for central intervention, especially at times of crisis, but always acknowledged the importance and the contribution of individual enterprise within a free market system.
First published in 1936, Keynes’ ideas had evolved during the difficulties following World War I in Europe, and the US crash and the Depression of the 1920s-'30s and the misery of mass unemployment. He deplored the situation where a few individuals or companies stored massive wealth while vast numbers experienced poverty and insecurity (his alarm bells ring today!) and sought to promote initiatives where governments could intervene with social projects to keep money fluctuating.
The General Theory is a stimulating and challenging work. Keynes presents his case with minimum jargon and admirable clarity. He does use formulae to support and clarify his case, and in some cases these have been included in the narrative in a manner which can be absorbed. In the few more complicated cases, the formulae are available on pdfs which can be downloaded with this recording.
Introduction by Mark G Spencer.
Download the accompanying reference guide.Public Domain (P)2018 Ukemi Productions LtdListeners also enjoyed...
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The Economic Consequences of the Peace (1919) is a book written by the British economist John Maynard Keynes. After the First World War, Keynes attended the Paris Peace Conference of 1919 as a delegate of the British Treasury. In this book, he argued for a more generous peace, not out of a desire for justice or fairness - but for the sake of the economic well-being of all of Europe, including the Allied Powers, which the Treaty of Versailles would prevent.
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If you have any interest in the 20th century, read this book!
- By Paul on 11-02-22
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The Making of Modern Economics, Fourth Edition
- The Lives and Ideas of The Great Thinkers
- By: Mark Skousen
- Narrated by: Robertson Dean
- Length: 21 hrs and 15 mins
- Unabridged
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The Making of Modern Economics presents a bold and engaging history of economics—the dramatic story of how the great economic thinkers built today’s rigorous social science. This comprehensive yet accessible introduction to the major economic philosophers begins with Adam Smith and continues through to the present day. It examines the contributions each one made to our understanding of the role of the economist, the science of economics and economic theory.
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Not great as a history
- By Joel Smallwood on 08-12-22
By: Mark Skousen
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The Price of Time
- The Real Story of Interest
- By: Edward Chancellor
- Narrated by: Luis Soto
- Length: 15 hrs and 7 mins
- Unabridged
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In the beginning was the loan, and the loan carried interest. For at least five millennia people have been borrowing and lending at interest. Yet as capitalism became established from the late Middle Ages onwards, denunciations of interest were tempered because interest was a necessary reward for lenders to part with their capital. And interest performs many other vital functions: it encourages people to save; enables them to place a value on precious assets, such as houses and all manner of financial securities; and allows us to price risk.
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Big landscape in time and subjects; Austrian view
- By Philo on 08-29-22
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The Price of Peace
- Money, Democracy, and the Life of John Maynard Keynes
- By: Zachary D. Carter
- Narrated by: Robert Petkoff
- Length: 22 hrs and 50 mins
- Unabridged
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At the dawn of World War I, a young academic named John Maynard Keynes hastily folded his long legs into the sidecar of his brother-in-law’s motorcycle for an odd, frantic journey that would change the course of history. Swept away from his placid home at Cambridge University by the currents of the conflict, Keynes found himself thrust into the halls of European treasuries to arrange emergency loans and packed off to America to negotiate the terms of economic combat.
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A must read for post COVID-19 crisis
- By Amazon Customer on 06-02-20
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Economic Consequences of the Peace
- By: John Maynard Keynes
- Narrated by: Robert Bethune
- Length: 7 hrs and 58 mins
- Unabridged
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John Maynard Keynes died in 1946, but his name is still prominent in economics and politics worldwide. Although his contributions to economic theory established and maintain his fame, he also - particularly at the time in his life when he wrote the present book, Economic Consequences of the Peace - showed a flair for practical political work. At the end of World War I he was appointed as the British Treasury's representative to the Versailles Peace Conference. His experiences at the Conference formed the basis of this book.
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Audio Books should be the completion of mediums
- By Evan A. Dunn on 03-17-18
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The Spirit of the Laws
- By: Charles de Secondat Baron de Montesquieu
- Narrated by: Martyn Swain
- Length: 23 hrs and 36 mins
- Unabridged
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From the moment of its publication in 1748, The Spirit of the Laws proved to be a controversial work provoking widespread interest. Within three years it had been translated into various European languages - and was swiftly added to the List of Prohibited Books by the Roman Catholic Church. It is a remarkable book, a potpourri of observations and comments ranging far and wide over the social activities of mankind and it exerted a great influence on political leaders in the following decades.
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Truly Excellent Audiobook!
- By No to Statism on 09-09-19
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Applied Economics
- Thinking Beyond Stage One: Second Edition
- By: Thomas Sowell
- Narrated by: Bill Wallace
- Length: 11 hrs and 37 mins
- Unabridged
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Applied Economics is an accessible guide to how our economic decisions develop. It explains the application of economics to major world problems, including housing, medical care, discrimination, and the economic development of nations. The book is based on an international view of economics, includes examples from around the world, and shows how certain incentives and constraints produce similar outcomes among disparate peoples and cultures.
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Look at the long term...it's important!
- By Eunice on 07-20-09
By: Thomas Sowell
What listeners say about The General Theory of Employment, Interest, and Money
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- Jason
- 05-23-19
Very dry reading
very dry reading. Use of charts and equations does not work well for this audio book. I have read several books on economics and have to say this one is difficult to understand because the author is trying to invent a different school of economics and he is hypothesizing his theory. I understand that the theory laid out here is very popular with those who run our economy and I am not quite sure if that is good or bad. I can't help feel the theory he lays out here is manipulative and wrong, yet it does seem to work as implemented... until of course it doesn't.
Would take reading several times to fully understand, but probably not worth the effort unless you are an economist.
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2 people found this helpful
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- Mira Krishnan
- 06-13-19
Keynes in the car...
I think it would be beneath Keynes for me to really critique him. He is worth listening to on both sides - much like Hayek and Smith, in modern discourse I find him significantly misunderstood and caricaturized all too frequently both to advance and to reject policies for which he, himself, appeared to have, respectively, little favor for or little criticism for. The narration is good, but it could use more post-processing so that the volume level were more even and it were more easily listened to in cars, trains, or other noisier environments, since a major benefit of the audiobook is being able to listen to use this kind of time for learning and reflection.
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6 people found this helpful
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- Amazon Customer
- 08-14-20
Masterpiece
Pros: Excellent narrator. Very informative, especially regarding human behavior in investing. In that sense it’s just as useful today, human behavior remains the same.
Cons: The material is a bit too dense and technical for audiobook format
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2 people found this helpful
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- Amer
- 08-12-20
A classic, but an easy to listen
I have to admit I struggled to finish it. If it were not a classic I would stop after one hour max.
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- AdamC
- 10-02-23
Interesting but needs paper copy
I love economics, have an MBA and work in a very large bank. Having said that this audio version of the book is not “friendly” for comprehension of the material. I expect I will but a paper copy soon but do not recommend this for purchase on audio unless you have a PHD in Econ or already have a paper copy. That is if you want to fully understand the concepts.
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- Luis
- 10-11-18
Informative and easy to understand
Written very well and speaker was easy on the ears. this book is a good look into economics.
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2 people found this helpful
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- RI Coppin
- 08-07-22
Wealth of information. May not be the best format
This isn't an easy audiobook. To really get anything out of this work you'll have to listen to this multiple times.
The mathematics of the formulas are mostly quite simple, but it's difficult to follow when the author & narrator just refer to the variable names.
I think this would've been better if the narrator referred to the things the variables represented rather than just the variable names. In a textbook you can easily outage back to see what the variable represents. That is not easy to do in an audiobook.
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1 person found this helpful
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- James Lawless
- 05-15-20
From the source
Stop listening to the TV talking heads that tell you what Keynes said. listen to his own words and form your own opinion.
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4 people found this helpful
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- Thulani
- 12-18-19
Great book
Great book. Really enjoyed it. Well narrated by Jonathan Keeble. I highly recommend it to people interested in Keynes.
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2 people found this helpful
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- Charles Stasnek
- 07-29-20
boring
it wasn't terrible but it was a little boring to listen to every day at work
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