KEYNES'S GENERAL THEORY, THE RATE OF INTEREST AND 'KEYNESIAN' ECONOMICS: KEYNES BETRAYED

"Geoff Tily argues that Keynes was primarily concerned with monetary policy, not fiscal policy. Viewed as a coherent whole, Keynes's work was concerned with the appropriate technique and infrastructure for the management of money at low rates of interest. More specifically, his rejection of the gold standard led ultimately to his proposal for an international clearing union to support domestic debt-management and monetary policies aimed at cheap money. His ideas became reality: with the start of the Great Depression, governments across the world began a short-lived era of the deliberate management of money."--BOOK JACKET.