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The General Theory Of Employment, Interest And Money

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Exploring the foundations of modern macroeconomics, this influential work delves into the dynamics of employment, interest rates, and money. John Maynard Keynes critiques the rationality of free-market decision-making and advocates for government intervention through spending and budget deficits. The book significantly shaped economic policy, promoting counter-cyclical measures and monetary intervention as essential tools for stabilizing the economy. Its concepts remain pivotal in understanding economic fluctuations and the role of government in managing economic activity.

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The General Theory Of Employment, Interest And Money, John Maynard Keynes

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Released
2022
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(Hardcover)
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Language
English
Released
2022
Format
Hardcover
Pages
380
ISBN13
9789394924239
Series
First published
1936
Original title
The General Theory of Employment, Interest and Money
Rating
3.85 out of 5
Description
Exploring the foundations of modern macroeconomics, this influential work delves into the dynamics of employment, interest rates, and money. John Maynard Keynes critiques the rationality of free-market decision-making and advocates for government intervention through spending and budget deficits. The book significantly shaped economic policy, promoting counter-cyclical measures and monetary intervention as essential tools for stabilizing the economy. Its concepts remain pivotal in understanding economic fluctuations and the role of government in managing economic activity.