Comprised of 24 chapters, this book begins by describing the second crisis of economic theory, which is related to the first crisis - the great slump of the 1930s. The reader is then introduced to the theory of money and the analysis of output; obstacles to full employment; and the concept of hoarding. Subsequent chapters explore capital, profits, and prices, with emphasis on the theory of capital, imperfect competition, and the theory of value. International trade, capitalism, and beggar-my-neighbor remedies for unemployment are also examined.
This monograph should be of interest to economists.
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