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Keynes
In the current financial crisis Keynes has been taken out of his cupboard, dusted down, consulted, cited, invoked and appealed to about why events have taken the course they have and how a rescue operation can be effected. Why have we gone back so emphatically to the ideas of an economist who died fifty years ago? There are three main ideas of Keynes�s worth thinking about now. The first is that the future is unknowable, and therefore that economic storms, especially those originating in the financial system, are not random shocks which impinge on smoothly-adjusting markets, but part of the normal working of the market system. The second idea is that economies wounded by these �shocks� can, if left to themselves, stay in a depressed condition for a long time. That is why governments need to have and use fiscal ammunition to prevent a slide from financial crisis to economic depression. The third concerns what he termed �organicism�: societies are communities not, as he put it, �branches of the multiplication table�. This limited his support for the pursuit of efficiency at all costs. The ideas of John Maynard Keynes have never been more timely.
Britain Since 1900 - A Success Story?
How successful has Britain been in the twentieth century? This is the question Robert Skidelsky poses in this fascinating analysis of a century in which Britain lost an empire, fought two world wars, founded the welfare state and weathered economic turbulence and technological upheaval. We are accustomed to judging nations by their success in increasing or maintaining power - by these measures Britain has failed to thrive, but what of quality of life, prosperity, political, cultural and moral values? The British people are richer and healthier than in 1900. Despite cataclysmic events and some fraying at the edges, our society is more democratic and tolerant, and our constitution of liberty h...
The Road from Serfdom
Offering both a fascinating interpretation of recent history and a realistic prescription for the future in the face of today's economic and political challenges, The Road from Surfdom is a trenchant polemic for our times by the renowned political economist and internationally acclaimed biographer of John Maynard Keynes.
Money and Government
The dominant view in economics is that money and government should play only a minor role in economic life. Money, it is claimed, is nothing more than a medium of exchange; and economic outcomes are best left to the 'invisible hand' of the market. In contrast, the view taken in this important new book is that the omnipresence of uncertainty makes money and government essential features of any market economy. One reason we want to hold onto money is that we don't know what the future will bring. Government - good government - makes the future more predictable and therefore reduces this demand for money. After Adam Smith, orthodoxy persistently espoused non-intervention in markets, but the Gre...
Keynes: A Very Short Introduction
John Maynard Keynes was one of the most influential economists of the 20th century. His ideas have had a central influence on many of areas of economics used today, both in theory and practice. Lord Robert Skidelsky looks at Keynes's life, his philosophy, his theories, and the legacy he left behind.
How Much is Enough?
In 1930 the great economist Keynes predicted that, over the next century, income would rise steadily, people's basic needs would be met and no one would have to work more than fifteen hours a week. Why was he wrong? Robert and Edward Skidelsky argue that wealth is not - or should not be - an end in itself, but a means to 'the good life'. Tracing the concept from Aristotle to the present, they show how far modern life has strayed from that ideal. They reject the idea that there is any single measure of human progress, whether GDP or 'happiness', and instead describe the seven elements which, they argue, make up the good life, and the policies that could realize them. ROBERT SKIDELSKY is Emeri...
Money and Government
The effects of 2008 are still with us today. As restricted growth and austerity have endured, so has the profound crisis of ideas the financial crisis precipitated. In Money and Government, Robert Skidelsky accounts for the causes of the crash. He shows that the underlying causes have not been dealt with, and examines what the failures - by politicians and economists - mean for economics.
John Maynard Keynes
THE DEFINITIVE SINGLE-VOLUME BIOGRAPHY Robert Skidelsky's three-volume biography of John Maynard Keynes has been acclaimed as the authoritative account of the great economist-statesman's life. Here, Skidelsky has revised and abridged his magnum opus into one definitive book, which examines in its entirety the intellectual and ideological journey that led an extraordinarily gifted young man to concern himself with the practical problems of an age overshadowed by war. John Maynard Keynes offers a sympathetic account of the life of a passionate visionary and an invaluable insight into the economic philosophy that still remains at the centre of political and economic thought. ROBERT SKIDELSKY is...
How Much is Enough?
In recent years, economic growth has been regarded as a self-evident good, with political debate focussed on the best means to achieve it. But there are now signs that this shared assumption is weakening. Anger at 'greedy' bankers and their 'obscene' bonuses has given way to a deeper dissatisfaction with an economic system geared overwhelmingly to the accumulation of wealth. Huge income disparities and an ever-growing gap between the richest and the rest has brought us to one of those rare moments when the underlying assumptions of society, are changing. In How Much is Enough? Robert and Edward Skidelsky argue that wealth is not an end in itself but a means to the achievement and maintenance...
John Maynard Keynes: Fighting for Britain, 1937-1946
This is the eagerly awaited third and final volume of Robert Skidelsky`s definitive and consummate biography of John Maynard Keynes. It is the culmination of a remarkable work dealing with the life and influences of a passionate visionary who finally succeeded in achieving respectability and acceptance on his own terms.
