Keynes
The Return of the Master
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Keynes
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Narrated by:
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Robert Blumenfeld
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By:
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Robert Skidelsky
About this listen
The ideas of John Maynard Keynes have never been more timely. No one has bettered Keynes's description of the psychology of investors during a financial crisis: The practice of calmness and immobility, of certainty and security, suddenly breaks down. New fears and hopes will, without warning, take charge of human conduct [and] the market will be subject to waves of optimistic and pessimistic sentiment.'
Keynes's preeminent biographer, Robert Skidelsky, Emeritus Professor of Political Economy at the University of Warwick, brilliantly synthesizes from Keynes' career and life the aspects of his thinking that apply most directly to the world we currently live in. In so doing, Skidelsky shows that Keynes's mixture of pragmatism and realism, which distinguished his thinking from the neo-classical or Chicago school of economics that has been the dominant influence since the Thatcher-Reagan era and which made possible the raw market capitalism that created the current global financial crisis, is more pertinent and applicable than ever. Keynes never wavered in his belief in the capitalist system. And crucially, Keynes offers nervous capitalists a positive answer to the question we now face: When unbridled capitalism falters, is there an alternative?
"In the long run," as Keynes famously said, "we are all dead." We may not have time to wait for the perfect theoretical operation of capital, as the neo-classicists insist will happen eventually. In the meantime, we have Keynes: more supple, more human and more magnificently real than ever.
©2009 Robert Skidelsky (P)2009 Audible, Inc.Listeners also enjoyed...
Critic reviews
"Skidelsky's book excels. It's a passionate polemic that makes a strong case for economists and policymakers to reread their Keynes." ( BusinessWeek)
What listeners say about Keynes
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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Overall4 out of 5 stars
- Alexander
- 20-10-12
Good!
In terms of applying Kaynes to modern day problems the book is excellent, there were a few areas of Kaynes original work that I wanted to know more about. Quote from the General Theory: "the utility of the wage when a given volume of labour is employed is equal to the marginal disutility of that amount of employment" ... right... I suppose the book wasn't aimed at covering every bit of Kaynes original work hence I've given it 4 stars but a simple english explanation of that sentance is one of the things I was hoping for
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1 person found this helpful
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Overall5 out of 5 stars
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Performance4 out of 5 stars
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Story5 out of 5 stars
- Will Wearden
- 04-08-15
Great book by a well established Keynes expert
This book is an excellent contextual and historical account of Keynes' thinking and its relevance to the current economic crisis. The narration is engaging for a technically detailed book, though some of the pronunciations of British words and institutional names are a little off.
Overall, an excellent and informative listen.
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Overall5 out of 5 stars
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Performance4 out of 5 stars
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Story4 out of 5 stars
- Ranjit
- 16-05-13
Excellent
Robert writes lucidly and with clarity. he also is very pertinent for our times, learned a lot and enjoyed this book immensely.
Points I particularly thought were engaging: His definition of risk and uncertainty for Keynes. Secondly, the ethical standpoint of economics.
Got me thinking
Great book, thanks!
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Overall2 out of 5 stars
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Performance4 out of 5 stars
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Story1 out of 5 stars
- Terra72
- 21-02-16
Tedious
Dogmatic and out of date. Gave up after the first two hours.
Performance is ok but silly things like pronunciation of FTSE-100 as F - T - S - E - 100 (rather than the conventional Footsie 100) are quite annoying.
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