Description
The dominant view in economics is that money and government should play only a minor role in economic life. Money, it is claimed, is nothing more than a medium of exchange; and economic outcomes are best left to the ‘invisible hand’ of the market. The view taken in this book is that the omnipresence of uncertainty make money and government essential features of any market economy. The book aims to familiarise the reader with essential elements of Keynes’s ‘big idea’.
