The General Theory of Employment, Interest and Money
With the Economic Consequences of the Peace (New Cover edition) (Classics of World Literature) (Wordsworth Classics of World Literature)
What's it about
Ever wonder why economies crash and millions lose their jobs, even when it seems like nothing is broken? Discover the revolutionary ideas that flipped classical economics on its head and gave governments the tools to fight recessions and unemployment. You'll learn Keynes's radical argument that free markets can't always fix themselves and why government spending is crucial for stimulating demand. Uncover the core principles that explain the relationship between employment, interest rates, and money, and see how these concepts continue to shape modern economic policy today.
Meet the author
John Maynard Keynes was the most influential economist of the 20th century, whose revolutionary ideas fundamentally changed the theory and practice of modern macroeconomics. A brilliant mind from Cambridge, his direct involvement in negotiating the Treaty of Versailles after World War I gave him a unique, firsthand perspective on the devastating consequences of flawed economic policy. This experience, combined with his observations of the Great Depression, directly inspired his masterwork, which offered a radical new path to understanding and managing national economies.
The Script
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