The General Theory of Employment, Interest and Money


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The General Theory of Employment, Interest and Money
The General Theory of Employment, Interest and Money was written by the English economist John Maynard Keynes. The book, generally considered to be his magnum opus, is largely credited with creating the terminology and shape of modern macroeconomics. Published in February 1936, it sought to bring about a revolution, commonly referred to as the "Keynesian Revolution", in the way economists thought, especially in relation to the proposition that a market economy tends naturally to restore itself to full employment after temporary shocks.

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