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The General Theory of Employment, Interest and Money is a book by English economist John Maynard Keynes published in February 1936. It caused a profound shift in economic thought, giving macroeconomics a central place in economic theory and contributing much of its terminology – the "Keynesian Revolution". It had equally powerful consequences ...
- Keynesian beauty contest - Wikipedia
The General Theory of Employment, Interest and Money. New...
- The General Theory of Employment, Interest, and Money
The General Theory of Employment, Interest, and Money is the...
- Keynesian beauty contest - Wikipedia
The General Theory of Employment, Interest and Money is a book by English economist John Maynard Keynes published in February 1936. It caused a profound shift in economic thought, giving macroeconomics a central place in economic theory and contributing much of its terminology – the "Keynesian Revolution".
The General Theory of Employment, Interest and Money [full text] Book I: Introduction. 1: This chapter cheekily consists of a single paragraph. It says the book is an attempt to show that classical economics (basically that summarized by Alfred Marshall, including Ricardo, Mill, Edgeworth, and Pigou) addresses only a special case of the economy ...
He detailed these ideas in his magnum opus, The General Theory of Employment, Interest and Money, published in early 1936. By the late 1930s, leading Western economies had begun adopting Keynes's policy recommendations.
Keynes argued that not only should the government secure full employment, it should also manage the money supply, adjust interest rates, and intervene with spending.
May 31, 2024 · John Maynard Keynes was an English economist, journalist, and financier best known for his economic theories (Keynesian economics) on the causes of prolonged unemployment. His most important work, The General Theory of Employment, Interest and Money (1935–36), advocated a remedy for economic.
