The General Theory of Employment, Interest, and Money
Author: John Maynard Keynes Series: Great Minds Series
Distinguished British economist John Maynard Keynes (1883-1946) set off a series of movements that dramatically altered the ways in which economists view the world. In his most important work, The General Theory of Employment, Interest, and Money (1936), Keynes critiqued the laissez faire policies of the day, particularly the proposition that a normally functioning market economy will bring full employment. Keynes' forward-looking work transformed economics from merely a descriptive and analytic discipline to one that is policy-oriented. For Keynes, enlightened government intervention in a nation's economic life was essential to curbing what he saw as the inherent inequalities and instabilities of unregulated capitalism.
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Distinguished British economist John Maynard Keynes (1883-1946) set off a series of movements that dramatically altered the ways in which economists view the world. In his most important work, The General Theory of Employment, Interest, and Money (1936), Keynes critiqued the laissez faire policies of the day, particularly the proposition that a normally functioning market economy will bring full employment. Keynes' forward-looking work transformed economics from merely a descriptive and analytic discipline to one that is policy-oriented. For Keynes, enlightened government intervention in a nation's economic life was essential to curbing what he saw as the inherent inequalities and instabilities of unregulated capitalism.
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John Maynard Keynes (1883-1946) was one of the greatest econJohn Maynard Keynes (1883-1946) was one of the greatest econJohn Maynard Keynes (1883-1946) was one of the greatest economic theorists of the twentieth century. He was chairman of omic theorists of the twentieth century. He was chairman of omic theorists of the twentieth century. He was chairman of the liberal journal of opinion The Nation and economics advithe liberal journal of opinion The Nation and economics advithe liberal journal of opinion The Nation and economics advisor for more than thirty years to British governments. He wr
Distinguished British economist John Maynard Keynes (1883-1946) set off a series of movements that drastically altered the ways in which economists view the world. In his most important work, The General Theory of Employment, Interest, and Money (1936), Keynes critiqued the laissez-faire policies of his day, particularly the proposition that a normally functioning market economy would bring full employment. Keynes's forward-looking work transformed economics from merely a descriptive and analytic discipline into one that is policy oriented. For Keynes, enlightened government intervention in a nation's economic life was essential to curbing what he saw as the inherent inequalities and instabilities of unregulated capitalism.
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