Product Overview
It is a commonly held belief that, in 1936, Keynes' General Theory ushered in a new era in economic thought, with faith in the free market being replaced by reliance on systematic government intervention as a means of keeping the economy on an even keel. This book surveys the writings of a large number of economists in the interwar years and argues that the Keynesian Revolution is a myth, and that the new economics was a careful and selective synthesis of an old economics that had been developing for twenty years or more.
