The Economics of John Maynard Keynes: The Theory of a Monetary Economy

New York, NY: Prentice-Hall. Very Good. 1948. First Edition; First Printing. Hardcover. First Edition (1948) , unstated, in accordance with Prentice-Hall's customary practice. Very Good: shows moderate wear to the extremities with exposure of the underlying board just starting at the front corner tips and mild rubbing to the panels; a couple of tiny soil spots and some dusting at the top edge; the expected light tanning to the text pages; the binding is square and secure; the text is clean. Free of creased or dog-eared pages in the text. Free of any underlining, hi-lighting or marginalia or marks in the text. Free of ownership names, dates, addresses, notations, inscriptions, stamps, or labels. A carefully used copy, structurally sound and tightly bound, showing a moderate wear and minor cosmetic imperfections. NOT a Remainder, Book-Club, or Ex-Library. 8vo. (8.65 x 5.7 x 1.15 inches). Extensive Bibliography. Index. Language: English. Weight: 19 ounces. Navy blue cloth over boards with silver titles at the front panel and backstrip. Hardback: Lacks DJ. Dillard seeks to make The General Theory of Employment, Interest and Money by John Maynard Keynes understandable to both the economist and to the non-economist. It was first published in 1948. In addition to explaining the economic theories of Keynes, Dillard also includes a chapter on Keynes's philosophical development and the “social philosophy toward which it leads. ”Throughout the book, Dillard provides summaries and examines Keynes' concepts on employment, income, saving, marginal propensity to consume, the investment multiplier, fiscal policy, postwar inflation, interest, and wages. Mr. Dillard does an excellent job in this work of presenting the logical structure of Keynesian economics, as it is worked out in the General Theory, in a clear and highly accessible manner. This book is really essential reading for anyone struggling to make sense of the General Theory and since Dillard focuses nearly all of his attention on the General Theory itself. It is written in clear and engaging prose, and is remarkably novel considering its date of publication. Dillard also anticipated the American Post Keynesian rendition of the Z-D model by several years. The outline of the book is really great. It covers the whole of Keynes' 'General Theory'. ; xv, 364 pages .