The General Theory of Employment, Interest, and Money
Categories: Business & Money
First published in February 1936, ‘The General Theory of Employment, Interest, and Money’ was written by John Maynard Keynes, an English economist, whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in mathematics, he built on and greatly refined earlier work on the causes of business cycles. In his groundbreaking book, Keynes claims that traditional economics has misunderstood the causes of unemployment. Empl…