The General Theory of Employment, Interest, and Money
The General Theory of Employment, Interest, and Money
John Maynard Keynes
Brad Delong
Brad Delong recommended this book in his website.
Eric Weinstein
Eric Weinstein tweet about books that mattered enough to him.
Warren Buffett
Talked about investment speculation and the propensity of people to speculate. - Warren Buffett
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The General Theory of Employment, Interest, and Money

The General Theory of Employment, Interest, and Money

John Maynard Keynes
By
John Maynard Keynes
3.9
231
ratings on Goodreads

In the throes of global economic turmoil, John Maynard Keynes's seminal work, "The General Theory of Employment, Interest, and Money," emerges as a beacon of revolutionary thought. Challenging the prevailing laissez-faire orthodoxy of his time, Keynes boldly asserts that full employment is not a natural outcome of unfettered market forces but a state that requires deliberate government intervention. Through meticulous argumentation and economic theory, Keynes lays down the framework for what would become the bedrock of modern macroeconomic policy, advocating for a proactive stance in managing economic cycles to mitigate the harsh edges of capitalism's inherent fluctuations. Keynes's magnum opus is not merely an academic treatise but a call to arms, urging policymakers to wield the tools of fiscal and monetary policy to sculpt an economy that serves the many rather than the few. At its heart, "The General Theory" is an eloquent plea for a more equitable distribution of wealth and opportunity, framed within a sophisticated analysis of the dynamics of interest rates, investment, and employment. As relevant today as it was in the tumultuous 1930s, Keynes's masterpiece continues to inspire and provoke, reminding us of the power of ideas to shape the world.

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Released
1935
30 Nov
Length
423
Pages

3

recommendations

recommendation

Brad Delong recommended this book in his website.
Eric Weinstein tweet about books that mattered enough to him.
Talked about investment speculation and the propensity of people to speculate. - Warren Buffett
Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.
— John Maynard Keynes, The General Theory of Employment, Interest, and Money

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