The General Theory of Employment Interest and Money

Viac o knihe

Focusing on macroeconomic theory, this seminal work by Keynes revolutionized economic thought with its challenge to classical economics. It introduced key concepts like the consumption function, multiplier, and effective demand, shaping modern macroeconomics. The book argues that market economies can restore full employment after shocks, a cornerstone of Keynesian economics. This 2011 reprint faithfully replicates the original 1936 edition, preserving all elements without changes, ensuring readers access the foundational ideas that sparked the Keynesian Revolution.