The General Theory Of Employment, Interest And Money by John Maynard Keynes [Paperback]

The General Theory of Employment, Interest, and Money by John Maynard Keynes is a seminal work in economics that revolutionized our understanding of macroeconomic theory. This groundbreaking book, published in 1936, introduced Keynesian economics, a school of thought that emphasizes the role of government intervention in stabilizing the economy.

Keynes challenged traditional economic theories by arguing that markets are not always self-correcting and can become trapped in a state of underemployment equilibrium. He advocated for government spending to stimulate demand and create jobs, a strategy that has been widely adopted by policymakers around the world.

While Keynes's ideas have been subject to debate and interpretation over the years, his work remains essential reading for anyone interested in economics. The General Theory of Employment, Interest, and Money provides a deep dive into Keynes's groundbreaking theories and their implications for economic policy.

Key features of the book:

Groundbreaking economic theory: Introduces the concept of Keynesian economics, challenging traditional economic thinking.

Focus on government intervention: Emphasizes the role of government in stabilizing the economy through fiscal policy.

Impact on economic policy: Has had a profound influence on economic policy and practice worldwide.

Essential reading: A must-read for students, researchers, and anyone interested in economics.