These essays represent an attempt to apply the principles of Mr.Keynes' General Theory of Employment, Interest and Money to a number of particular problems. References to the General Theory are provided for the convenience of the reader, not by way of acknowledgment to Mr. Keynes, for the very existence of this book, for what it is worth, must be regarded as an acknowledgment to the work of Mr. Keynes.
The following are reprinted (each with some alteration) by permission of the editors concerned: Disguised Unemployment from the Economic Journal, The Long-Period Theory of Employment (except Section 5) from the Zeitschrift für Nationalökonomie, and the first part of Some Reflections on Marxist Economics from the Economic Journal. An Economist's Sermon was originally delivered to a study circle of the Student Christian Movement, at Peterhouse, Cambridge.
October, 1936 . . .
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