
Prosperity Through Policy
Understanding the Principles and Legacy of Keynesian Economics
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Prosperity Through Policy: Understanding the Principles and Legacy of Keynesian Economics offers a clear and engaging exploration of one of the most influential schools of economic thought in history. From the devastation of the Great Depression to the rebuilding of the postwar world and the challenges of the twenty-first century, Keynesian ideas have shaped the way nations manage growth, employment, and stability.
This book traces the life and work of John Maynard Keynes, the British economist whose groundbreaking insights transformed both theory and practice. Readers will discover how Keynes challenged classical economics, introduced the concept of aggregate demand, and argued for the vital role of government spending in preventing stagnation and unemployment. Each chapter examines a key moment in the rise, transformation, and ongoing relevance of Keynesian thought—from its role in ending the Great Depression and guiding World War II mobilization, to its influence on postwar prosperity, its confrontation with monetarism, and its resurgence during modern crises such as the 2008 financial collapse and the COVID-19 pandemic.
Accessible yet deeply informative, Prosperity Through Policy is ideal for students of economics, history, and political science, as well as general readers who want to understand how economic policies shape everyday life. By the end of this book, you will see why Keynesian economics remains essential for tackling the most urgent issues of our time, including inequality, globalization, and climate change.
If you want to gain a deeper appreciation of how governments can use policy to promote prosperity and stability, this book provides the knowledge and context you need.
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