The General Theory of Employment, Interest, and Money. Book Summary

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John Maynard Keynes

What’s inside

Keynes’s seminal work lays the foundation for modern macroeconomics, challenging classical economics and introducing concepts like aggregate demand.

You’ll Learn

  • Understanding foundational economic theories
  • Grasping the origins of macroeconomic policy
  • Learning about the impact of aggregate demand on economies
  • Exploring the relationship between employment, interest, and money

Key Points

  • Refutation of Classical Economics
  • Introduction of Aggregate Demand
  • The Principle of Effective Demand
  • Interest and Liquidity Preference Theory
  • Keynesian Economic Policy Recommendations
  • The Multiplier Effect

Who’s it For

  • Economists
  • Policy Makers
  • Academic Students
  • Finance Professionals
  • Economic Enthusiasts

About the author

John Maynard Keynes was a groundbreaking British economist whose ideas fundamentally changed the theory and practice of macroeconomics.