The essays in this volume show Keynes's attempts to influence the course of events by public persuasion over the period of In the light of subsequent history, Essays in Persuasion is a remarkably prophetic volume covering a wide range of issues in political economy. In articles on the Versailles blogger.coms: Unlike the author's more purely economic texts, his intended audience of 'Essays in Persuasion' was the general public. In light of future history many of the them are remarkably prophetic. Throughout them we also see the groundwork being laid for his primary work on economics, "The General Theory of Employment Interest and Money." Item # Essays in Persuasion., Volume John Maynard Keynes. W. W. Norton & Company, - Business & Economics - pages. 1 Review. In the light of subsequent history, "Essays of Persuasion" is a 4/5(1)
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Goodreads helps you keep track of books you want to read. Want to Read saving…. Want to Read Currently Reading Read. Other editions, essays in persuasion. Enlarge cover. Error rating book. Refresh and try again. Open Preview See a Problem? Details if other :. Thanks for telling us about the problem. Return to Book Page. Preview — Essays in Persuasion by John Maynard Keynes. Essays in Persuasion by John Maynard Keynes. In the light of subsequent history, Essays in Persuasion is a remarkably prophetic volume covering a wide range of issues in political economy. In articles on the Versailles Treaty. John Maynard Keynes foresaw all too clearly that excessive Allied demands for reparations and indemnities would lead to the economic collapse of Germany.
In Keynes's essays on inflation and def In the light of subsequent history, Essays in Persuasion is a remarkably prophetic volume covering a wide range of issues in political economy. In Keynes's essays on inflation and deflation, essays in persuasion, the reader can find ideas that were to become the foundations of his most renowned treatise, The General Theory of Employment, essays in persuasion, Interest and Money With startling accuracy Keynes forecast the economic fluctuations that were to beset the economies of Europe and the United States and even proposed measures which, if heeded at the time, might have warded off an era of world-wide depression.
His views on Soviet Russia, on the decline of laissez-faire, and the possibilities of economic growth are as relevant today as when Keynes originally set them forth. Get A Copy. Paperbackpages. Published January 17th by W. Norton Essays in persuasion first published More Details Original Title. Other Editions All Editions Add a New Edition Combine. Friend Reviews. To see what your friends thought of this book, please sign up. To ask other readers questions about Essays in Persuasionplease sign up. Lists with This Book.
Community Reviews. Showing Average rating 4. Rating details. More filters. Sort order. Start your review of Essays in Persuasion. Mar 13, Pedro Jorge rated it really liked it Shelves: librarylibrary-historylibrary-applied-economicsessays in persuasion, library-law-politics. And essays in persuasion one of the most brilliant polemicists of the 20th century is at his best, you'd better sit back and enjoy the master-class. This essays in persuasion, compiled in and consisting of articles, essays, excerpts and chapters going back tois essential reading for any one who pretends to have an idea of what Keynes meant and stood for.
As Philip Cortney put it in his The Economic Munich"this extraordinary man is a mixture of statesman and economist for whom monetary and economic doctrines must be political instruments of the art of governing men. Granted, the General Theory is a labyrinth of fallacies, dirty polemics and conflicting definitions. But it was published inwhen Keynes was already one of the most widely acclaimed men of public affairs in the whole world. Essays in persuasion in Persuasion is the real deal. This is where you feel the sting. Proceed with caution, for indeed the man is persuasive and that might actually be a good, albeit counter-intuitive reason for starting with the General Theory: the present book is just too dangerous for innocent economists, essays in persuasion.
At least the General Theory will leave you confused; this one might leave you in awe for "the Master". Let me give you some nice quotes in order as they appear in the book. Austrian economists are specially invited you can find the whole book separated in chapters here : "It is the method of modern statesmen to talk as much folly as the public demand and to practise no more of it than is compatible with what they have said, trusting that such folly in action as must wait on folly in word will soon disclose itself as such, essays in persuasion, and furnish an opportunity for slipping back into essays in persuasion Montessori system for the child, the Public.
He who contradicts this child will soon give place to other tutors. Praise, therefore, the beauty of the flames he wishes to touch, the music of the breaking toy; even urge him forward; yet waiting with vigilant care, the wise and kindly saviour of Society, essays in persuasion, for the right moment to snatch him back, just singed and now attentive. The rest of this short chapter on "The Change of Opinion" is very much worth considering also] by the way, I skipped most of his factual discussions regarding the Versailles treaty, as well as some excerpts on monetary theory that were taken from A Tract on Monetary Reform. His famous "long-run we're all dead" catchphrase is not included in the present compilation, despite having originally appeared in the Tract - and not in the General Theory, as people are usually wont to think His 2 page chapter on "Inflation" is magnificent even though, from what I understand, subsequent scholars have not been able to trace the quote therein attributed to Lenin.
Such changes have produced in the past, and are producing now, the vastest social consequences, essays in persuasion, because, as we all know, essays in persuasion, when the value of money changes, it does not change equally for all persons or for all purposes, essays in persuasion. A man's receipts and his outgoings are not all modified in one uniform proportion. Thus a change in prices and rewards, as measured in money, generally affects different classes unequally, transfers wealth from one to another, bestows affluence here and embarrassment there, and redistributes Fortune's favours so as to frustrate design and disappoint expectation. How can I adopt a creed which, preferring the mud to the fish, exalts the boorish proletariat above the bourgeois and the intelligentsia who, with whatever faults, are the quality in life and surely carry the seeds of all human advancement?
Even if we need a religion, how can we find it in the turbid rubbish of the Red bookshops? It is hard for an educated, essays in persuasion, decent, intelligent son of Western Europe to find his ideals here, unless he has first suffered some strange and horrid process of conversion which has changed all his values. There are the Trade-Unionists, once the oppressed, now the tyrants, essays in persuasion, whose selfish and sectional pretensions need to be bravely opposed. There are the advocates of the methods of violence and sudden change, by an abuse of language called Communists, who are committed by their creed to produce evil that good may come, and, since they dare not concoct disaster openly, are forced to play with plot and subterfuge, essays in persuasion.
There are the Socialists, who believe that the economic foundations of modern society are evil, yet might be good, essays in persuasion. And some germ of what would come to be essays in persuasion "keynesianism" is indeed already present, together with its awful vices. Take a look at this naive macroeconomic view: "But essays in persuasion all credit-creation means Inflation. Inflation only results when we endeavour, as we did in the war and afterwards, to expand our activities still further after everyone is already employed and our savings are being used up to the hilt. Prosperity, in so far as it is governed by monetary factors, depends on these various price levels being properly adjusted to one essays in persuasion. When put this way, the Keynesian logic is bound to win the fight as it surely does in Keynes's brilliant "The Economic Consequences of Mr.
Churchill",warning against a foolish return to gold convertibility at the pre-war parity. But the problem is the distorted, hampered labor market which causes the unemployment and thus the need for the unemployment dole His discussion of tariffs and international trade and finance also showcases his statesmanship and his intention to above all safeguard the British economy and the British international position, essays in persuasion. He was a political strategist and from that perspective there is a lot of great insights that you can take from this book, as long as you try to put things in due context, essays in persuasion. So, all that being said, do not doubt for a moment that I took lots of disagreeing notes while reading this book.
But, as you can see in the title, these are "Essays in Persuasion", and the author surely manages to show his artistic capabilities essays in persuasion the craft of persuading, thus deserving 4 starts for his entertaining and thought-provoking, sometimes nerve-wrecking selection of polemics. Much more could be said, as with all things Keynes-ian flag 8 likes · Like · see review. View all 6 comments. Apr 02, T rated it liked it. What are we releasing resources for today? To stand on street corners and draw the dole. The first section The Treaty of Peace deals with the reparations imposed on Germany following WW1.
Here Keynes argues that the debts imposed on them are injurious, and that the seeking of revenge will "During the war it was useful to refrain from from any avoidable expenditure because this would release resources for the insatiable demands of military operations, essays in persuasion. Here Keynes argues that the debts imposed on them are injurious, and that the seeking of revenge will inevitably lead to war and worsening international tensions. Keynes unfortunately was proved right on this. Instead of imposing crushing sanctions, Keynes argues for peace talks and a less aggressive treatment of Germany. The essays in persuasion part, Inflation and Deflation explores Keynes' take on you guessed it inflation and deflation. For Keynes inflation was preferable to deflation, as the former meant risking unemployment, something Keynes thought politically much more dangerous.
However, essays in persuasion, inflation destroys the savings of people and is injurious to creditors, essays in persuasion. The third essays in persuasion The Return to the Gold Standard explores Keynes' attacks on gold and his joy at the reversal of Churchill's policy to get us back on gold. Gold restricts government policy and forces wages to be in line with gold, which worked for the 18th century, where gold mining was steadily increasing with industry, but it has run its course argues Essays in persuasion. Also, relying on gold constrains policy to respond to the Federal Reserve, argues Keynes.
The fourth section Politics explores Keynes' dismissal and disgust at Russian communism, his dismay at the Conservative Party's policies, essays in persuasion, his ambivalent relationship with liberalism, essays in persuasion, and his support essays in persuasion an interventionist over a laissez faire economy. Finally, the last section The Future, features two essays where Keynes looks optimistic towards Britain's ability to raise the productive forces and create an earthly utopia. The essays are uneven, and some are much more engaging and relevant than others. We aren't on gold, nor are America, so the spirit of the argument doesn't feel as fresh.
However, Keynes essays on Germany take on a horrifying prescience when essays in persuasion back after WW flag 5 likes · Like · see review. View 2 comments.
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, time: 7:24Editions of Essays in Persuasion by John Maynard Keynes
Essays in Persuasion and Essays in Biography, representing Keynes's own collections of articles. Essays in Persuasion will differ from the original printing in two respects; it will contain the full texts of the articles or pamphlets included in it and not (as in the original printing) abbreviated versions of these articles,File Size: 1MB The essays in this volume show Keynes's attempts to influence the course of events by public persuasion over the period of In the light of subsequent history, Essays in Persuasion is a remarkably prophetic volume covering a wide range of issues in political economy. In articles on the Versailles blogger.coms: Essays in Persuasion., Volume John Maynard Keynes. W. W. Norton & Company, - Business & Economics - pages. 1 Review. In the light of subsequent history, "Essays of Persuasion" is a 4/5(1)
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