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The General Theory of Employment, Interest and Money

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The General Theory of Employment, Interest and Money
14.99 €
In basket
J. Keynes's main work, The General Theory of Employment, Interest and Money, was created under the influence of the world economic crisis of the 1920s and 1930s, which dealt a heavy blow to the supporters of the classical economic theory of the free market. Keynes stated that spontaneous market regulation of the capitalist economy was impossible, and therefore active government intervention in it was necessary. This proposal was first voiced among economists, it was adopted by almost all developed countries and had a huge impact on the subsequent development of the world economy.
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