Keynes’s Principle of Effective Demand

Edward J. Amadeo, Associate Professor, Department of Economics, Pontifical Catholic University of Rio de Janeiro, Brazil

’Without doubt, Keynes was a complex, many-sided genius whose analyses were constantly playing catch-up with his intuition. Amadeo’s book is indeed a very important contribution to an enhanced understanding of this process as it pertains to Keynes’s two premier contributions to economic theory – the TM [Treatise on Money] and the GT [General Theory].’