The General Theory of Employment, Interest and Money by John Maynard Keynes
This classic work by John Maynard Keynes is a comprehensive analysis of the economic forces that shape the modern world. In it, Keynes offers a revolutionary theory of employment, interest, and money, proposing a new way of understanding the economic system and its effects on society. He examines the causes of
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 in economic policy, being interpreted as providing theoretical support for government spending in general, and for budgetary deficits, monetary intervention and counter-cyclical policies in particular. It is pervaded with an air of mistrust for the rationality of free-market decision-making.