Keynes: The Return of the Master

Keyness economic policies helped lift Britain from its 1930s slump. This accessible, timely study argues he could do the same again-DOMINIC LAWSON, SUNDAY TIMESOne would expect brokers to be wrong. If, in addition to their other inside advantages, they were capable of good advice, clearly they would have retired long ago with a large fortune- JOHN MAYNARD KEYNESWhen unbridled capitalism falters, is there an alternative? The twentieth centurys most influential economist tells us that there is. John Maynard- Keynes argued that an unmanaged market system is inherently unstable because of- irreduceable uncertainty; that fiscal and monetary ammunition is needed to counter economic shocks; and that governments need to maintain enough total spending power in the economy to minimize the chance of serious recessions happening. This acclaimed book shows how Keyness ideas not only explain why the current financial crisis occurred - but are our best way out. Masterly-. . . conveys complex ideas with clarity and controlled anger- OLIVER KAMM, THE TIMES-Skidelsky knows more about Keynes than anyone alive-. . . he is righteous in his thunder-. . . -provocative . . . refreshing- DWIGHT GARDNER, THE NEW YORK TIMESThought-provoking-. . . the best account I have read of the development of the credit crunch- SAMUEL BRITTAN, FINANCIAL TIMESSparkles with insight, clarity and intellectual brilliance-. . . There could not be a better champion for the Return of Keynes thesis than Robert Skidelsky- SCOTLAND ON SUNDAY