His book The General Theory of Employment, Interest and Money, published in 1936, used the fluctuations of economic activity during the Great Depression and inadequate demand as examples to ...
Keynes’ best-known work, The General Theory of Employment, Interest and Money, was published in 1936 at the height of the Great Depression. This book marked a paradigm shift in economic thought.
Keynesian economics comes from economist John Maynard Keynes, author of the 1936 book "The General Theory of Employment, Interest and Money." Keynes believed the government could manage demand to ...
Just how important is money? Few would deny that it plays a key role in the economy. During the Great Depression of the 1930s, existing economic theory was ... fail to lower interest rates and, ...