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Cover of The General Theory of Employment, Interest and Money by John Maynard Keynes

The General Theory of Employment, Interest and Money

John Maynard Keynes · 1936

Keynes wrote this during the Great Depression to explain why markets fail and governments must intervene. His theory of aggregate demand and the multiplier effect remade economic policy worldwide. Every modern debate about fiscal stimulus vs. austerity is a debate about Keynes.

Non-Fiction · the Pro canon

The case for it, the case against, and the rest of the canon open with Pro.