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Enlightened Capitalism : A Keynes Primer
Bok av Daniel Bright M D
The classic work on macroeconomics by John Maynard Keynes called "The General Theory of Employment, Interest and Money" is notoriously difficult to read. It was my initial goal to attempt to read and fully understand Keynes' work and then to produce a study guide of sorts, to make the concepts more accessible to people. This attempt turned into a major project that took years to accomplish. I believe the result of that effort, this book, captures the essence of the most important concepts Keynes discovered. However, in the process I discovered that, in order to properly understand those concepts, new definitions for currently used terms and new ways of organizing macroeconomic models are necessary. One might think that attempts to do so would just make everything more complicated and difficult to understand, but the opposite is true. The way of organizing and explaining the concepts shown in the book leads to the development of a comprehensive and fully consistent model of macroeconomics, a model that is actually easier to understand and more intuitive. I suspect people who may have the most difficulty with the content of this work will be people with previous education in macroeconomics whose established understanding of economic theory may be challenged.