Here Serge Levitsky presents a revised version of Kapital, abridged to emphasize the political and philosophical core of Marx’s work while trimming away much that is now unimportant. Pointing out Marx’s many erroneous predictions about the development of capitalism, Levitsky's introduction nevertheless argues for Kapital's relevance as a prime example of a philosophy of economic determinism that "subordinates the problems of human freedom and human dignity to the issues of who should own the means of production and how wealth should be distributed."
Here then is a fresh and highly readable version of a work whose ideas provided inspiration for communist regimes' ideological war against capitalism, a struggle that helped to shape the world today.
offers a brilliant introduction by Edwin Curley, modernized spelling
and punctuation of the text, and the inclusion, along with historical
and interpretive notes, of the most significant variants between the
English version of 1651 and the Latin version of 1668. A glossary of
seventeenth-century English terms, and indexes of persons, subjects, and
scriptural passages help make this the most thoughtfully conceived
edition of Leviathan available.
A popular lecturer of economics at Cambridge University and editor of the Economic Journal, Keynes made The Economic Consequences of the Peace a major step in his career. It was translated into a dozen languages and sold 100,000 copies in six months. Taken seriously even by those who were opposed to his claims, the book helped lift economics to a new, higher level of recognition and acceptance. This volume, with its insightful portraits of Lloyd George, Georges Clemenceau, and Woodrow Wilson, remains one of the great works of political economy of our time.
In a penetrating introduction written for this new edition, David Felix explores Keynes' reasons for writing the book, analyzes the author's arguments, and paints an historical backdrop of the period during which it was written.
"The most important economic document relating to World War I and its aftermath."--John Kenneth Galbraith
"This is a very great book. Mr. Keynes writes with a fullness of knowledge, an incisiveness of judgment, and a penetration into the ultimate causes of economic events. The style is like finely hammered steel. It is full of unforgettable phrases and of vivid portraits etched in the biting acid of a passionate moral indignation."--H. J. Laski, The Nation
John Maynard Keynes (1883-1946) was one of the greatest economic theorists of the twentieth century. He was chairman of the liberal journal of opinion The Nation and economics advisor for more than thirty years to British governments. He wrote several books, including his masterpiece, The General Theory of Employment, Interest and Money, the two-volume Treatise on Money, and A Tract on Monetary Reform.
David Felix is professor of history emeritus at the City University of New York. His books include Biography of an Idea: John Maynard Keynes and The General Theory of Employment, Interest and Money and Keynes: A Critical Life.
A best seller throughout the world, it was instrumental in creating the perception of the Germans as unfairly treated after the First World War. This in turn was crucial in prompting public support for appeasement, so that both the Treaty - and his eloquent criticisms of it - form a key part of the background to both World Wars I and II.
Sin duda hoy la mayoría de los ciudadanos cree en el poder de los gobiernos y de las intervenciones públicas a la hora de evitar las depresiones, el desempleo masivo y el empobrecimiento. Sin embargo, prácticamente nadie sabe que esta idea, y su correspondiente desarrollo técnico, es de John Maynard Keynes, uno de los padres de la economía como ciencia, y probablemente el economista más citado, cuya obra, sin embargo, es para muchos desconocida.
Más de seis décadas después de su muerte, ¿qué queda de él y del keynesianismo? Para responder a esta pregunta, Joaquín Estefanía rescata, de sus Ensayos de persuasión, los textos de mayor calado político, accesibles a cualquier lector y enormemente representativos de la vigencia de Keynes.
En su amplia introducción a los siete ensayos que conforman la segunda parte de este libro, de impresionante actualidad en el siglo XXI, Joaquín Estefanía analiza en qué medida Keynes y su obra siguen siendo guías para el futuro. La lúcida semblanza que hace del creador de la macroeconomía retrata a éste como un pensador clave y contracorriente: «Keynes rechaza frontalmente el comunismo, no le gustan ni el conservadurismo ni el laborismo de su época, y cree que hay que hacer algo».
«Joaquín Estefanía y su relectura amena y estimulante de los textos más asequibles y certeros de John Maynard Keynes.»
Josep María Ureta, El Periódico de Catalunya
«Magistral crónica de las ideas, muy bien escrita, que contagia rápidamente al lector.»
John Maynard Keynes, at the time a rising young economist, abruptly resigned his position as adviser to the British delegation negotiating the peace treaty ending World War I. Frustrated and angered by the Allies' focus on German war guilt, Keynes predicted that the vindictive reparations policy, which locked Germany into long-term payments, would not only stifle the German economy for another generation but leave Europe in ruins.
Published in 1919, Keynes's The Economic Consequences of the Peace aroused heated debates throughout Europe; his remarkably prescient conclusions were frequently cited by German leaders during the decades between the wars. Keynes's well-reasoned yet impassioned arguments, peppered with biting portraits of the statesen involved in the peace treaty—including Llyod George, Georges Clemenceau, and Woodrow Wilson—brought him immediate fame.
For more than seventy years, Penguin has been the leading publisher of classic literature in the English-speaking world. With more than 1,700 titles, Penguin Classics represents a global bookshelf of the best works throughout history and across genres and disciplines. Readers trust the series to provide authoritative texts enhanced by introductions and notes by distinguished scholars and contemporary authors, as well as up-to-date translations by award-winning translators.
From the Trade Paperback edition.
How can we benefit from the promise of government while avoiding the threat it poses to individual freedom? In this classic book, Milton Friedman provides the definitive statement of his immensely influential economic philosophy—one in which competitive capitalism serves as both a device for achieving economic freedom and a necessary condition for political freedom. The result is an accessible text that has sold well over half a million copies in English, has been translated into eighteen languages, and shows every sign of becoming more and more influential as time goes on.
First published by the University of Chicago Press on September 18, 1944, The Road to Serfdom garnered immediate, widespread attention. The first printing of 2,000 copies was exhausted instantly, and within six months more than 30,000 books were sold. In April 1945, Reader’s Digest published a condensed version of the book, and soon thereafter the Book-of-the-Month Club distributed this edition to more than 600,000 readers. A perennial best seller, the book has sold 400,000 copies in the United States alone and has been translated into more than twenty languages, along the way becoming one of the most important and influential books of the century.
With this new edition, The Road to Serfdom takes its place in the series The Collected Works of F. A. Hayek. The volume includes a foreword by series editor and leading Hayek scholar Bruce Caldwell explaining the book's origins and publishing history and assessing common misinterpretations of Hayek's thought. Caldwell has also standardized and corrected Hayek's references and added helpful new explanatory notes. Supplemented with an appendix of related materials ranging from prepublication reports on the initial manuscript to forewords to earlier editions by John Chamberlain, Milton Friedman, and Hayek himself, this new edition of The Road to Serfdom will be the definitive version of Hayek's enduring masterwork.
Today, John Maynard Keynes is best remembered for his pioneering development of macroeconomics, and for his advocacy of active fiscal and monetary government policy. This uniquely comprehensive selection of his work, edited by Keynes’s award-winning biographer Robert Skidelsky, aims to make his work more accessible to both students of economics and the general reader. All of Keynes’s major economic work is included, yet the selection goes beyond pure economics. Here too are Keynes’s essential writings on philosophy, social theory and policy, and his futurist vision of a world without work. As Robert Skidelsky writes in his introduction: “People talk of the need for a new Keynes. But the old Keynes still has superlative wisdom to offer for a new age.”
For more than sixty-five years, Penguin has been the leading publisher of classic literature in the English-speaking world. With more than 1,500 titles, Penguin Classics represents a global bookshelf of the best works throughout history and across genres and disciplines. Readers trust the series to provide authoritative texts enhanced by introductions and notes by distinguished scholars and contemporary authors, as well as up-to-date translations by award-winning translators.
From the Trade Paperback edition.
Akerlof and Shiller reassert the necessity of an active government role in economic policymaking by recovering the idea of animal spirits, a term John Maynard Keynes used to describe the gloom and despondence that led to the Great Depression and the changing psychology that accompanied recovery. Like Keynes, Akerlof and Shiller know that managing these animal spirits requires the steady hand of government--simply allowing markets to work won't do it. In rebuilding the case for a more robust, behaviorally informed Keynesianism, they detail the most pervasive effects of animal spirits in contemporary economic life--such as confidence, fear, bad faith, corruption, a concern for fairness, and the stories we tell ourselves about our economic fortunes--and show how Reaganomics, Thatcherism, and the rational expectations revolution failed to account for them.
Animal Spirits offers a road map for reversing the financial misfortunes besetting us today. Read it and learn how leaders can channel animal spirits--the powerful forces of human psychology that are afoot in the world economy today. In a new preface, they describe why our economic troubles may linger for some time--unless we are prepared to take further, decisive action.
Friedman and Schwartz marshaled massive historical data and sharp analytics to support the claim that monetary policy--steady control of the money supply--matters profoundly in the management of the nation's economy, especially in navigating serious economic fluctuations. In their influential chapter 7, The Great Contraction--which Princeton published in 1965 as a separate paperback--they address the central economic event of the century, the Depression. According to Hugh Rockoff, writing in January 1965: "If Great Depressions could be prevented through timely actions by the monetary authority (or by a monetary rule), as Friedman and Schwartz had contended, then the case for market economies was measurably stronger."
Milton Friedman won the Nobel Prize in Economics in 1976 for work related to A Monetary History as well as to his other Princeton University Press book, A Theory of the Consumption Function (1957).