Essays In Persuasion book cover

Essays In Persuasion by John Maynard Keynes Summary

Essays In Persuasion
John Maynard Keynes
4 (373 Reviews)
Economics
Politics
History
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Overview of Essays In Persuasion

Keynes' prophetic 1931 essays challenged economic orthodoxy during global turmoil, predicting policies later adopted worldwide. Initially dismissed as "extreme utterances," these writings became foundational to modern economics. What controversial idea in this collection saved Western economies from collapse?

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Key takeaways

1

When the World Economy Stood at the Precipice

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The year 1931 brought a question that haunted every household: would tomorrow be worse than today? Unemployment lines stretched around city blocks. Savings evaporated. Governments seemed paralyzed. Into this chaos stepped John Maynard Keynes with a collection of essays that dared to see beyond the rubble. These weren't just academic papers-they were economic prophecies written across twelve turbulent years. Some predictions proved eerily accurate; others failed not because they were wrong, but because people refused to listen. What makes these essays remarkable isn't just their intellectual brilliance but their emotional urgency. Keynes wrote like someone watching a train wreck in slow motion, desperately trying to warn passengers still on board. His influence would eventually reshape how presidents, central bankers, and everyday citizens understand recessions, unemployment, and government intervention-though not before the world learned his lessons the hardest way possible.

2

The Treaty That Poisoned a Generation

3

The Debt Web That Strangled Recovery

4

The Silent Theft of Inflation and Deflation

5

The Golden Chains Britain Forged for Itself

6

The Great Slump's Vicious Circles

7

The Future Beyond Scarcity

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