The General Theory Of Employment, Interest And Money

Focusing on macroeconomics, this influential work by John Maynard Keynes reshaped economic theory and policy. It advocates for government intervention through spending, budget deficits, and monetary policies to stabilize the economy. Keynes expresses skepticism about the rationality of free-market decisions, arguing for a more active role of government in managing economic fluctuations. This book is essential for understanding modern economic thought and the foundations of fiscal and monetary policy.