The General Theory of Employment, Interest, and Money

by John Maynard Keynes

1936 saw the initial release of The General Theory of Employment, Interest, and Money. However, its concepts have been developing for years? Keynes had written to a friend while still a student at Cambridge, expressing his love for "free trade and free thought." The freshness, clarity, and occasionally even ambiguity of Keynes' macroeconomic vision, as well as his spare prose, vivid descriptions, and limpid manner, have all contributed to the continued relevance of his views. High unemployment rates and significant wealth and income discrepancies most worried him. He reasoned that individualism, "the most potent instrument to enhance the future," could only be preserved by limiting both. The 21st century may yet confirm his assertion.

283 pages, Kindle Edition

Published November 10, 2022

About the author

John Maynard Keynes, 1st Baron Keynes (CB, FBA), was an English economist particularly known for his influence in the theory and practice of modern macroeconomics.

Keynes married Russian ballerina Lydia Lopokova in 1925.

NB: Not to be confused with his father who also was an economist. See John Neville Keynes.

Reviews

[Joseph Wirthlin · Rating 4 out of 5]

While the first two thirds of this book can be difficult because of the necessary background and assumptions needed to make his argument, the ideas presented were not only novel for his time but are revolutionary for modern economics. Reading the primary source, rather than relying on financial influencers online, gives so much more insight into the power and potential of Keynes' theories. His theories are incredibly thought provoking and have already led to many more insights and will inspire readers to think even more about the hard problems that he tackles.