The General Theory of Employment, Interest, and Money
John Maynard Keynes
11 Key ideas
27 MINS
4.5 (563)
Money & Investments
Want to understand the intricate dynamics between employment, investment, and consumption?
How about challenging the classical economic theories and exploring the concept of 'involuntary unemployment'?
Ready to dive into the crux of effective demand, its impact on employment levels, and the role of state intervention in stabilizing economies?
This is a thought-provoking journey through the theories of renowned economist, John Maynard Keynes, as he redefines the foundations of economic thinking.
Want to understand the intricate dynamics between employment, investment, and consumption?
How about challenging the classical economic theories and exploring the concept of 'involuntary unemployment'?
Ready to dive into the crux of effective demand, its impact on employment levels, and the role of state intervention in stabilizing economies?
This is a thought-provoking journey through the theories of renowned economist, John Maynard Keynes, as he redefines the foundations of economic thinking.
Key Ideas
Read | Listen - Full summary
#1
Why Did the Classical Theory Fail to Explain Involuntary Unemployment?
01 Jan 1970
03:14
03:14
#2
The Economic Dance of Expectations and Employment
01 Jan 1970
02:45
02:45
#3
How Does Our Spending Habits Shape the Economy and Job Market?
01 Jan 1970
02:06
02:06
#4
Unlocking Job Creation: The Power of Spending and the Multiplier Effect
01 Jan 1970
02:28
02:28
#5
Is Investing Money Just Like Trading Your Favorite Marbles?
01 Jan 1970
01:43
01:43
#6
Unlocking the Magic of Money: How Interest Rates Balance Savings and Investments
01 Jan 1970
01:46
01:46
#7
Are High Interest Rates on Money Holding Back Economic Growth?
01 Jan 1970
02:54
02:54
#8
Unpacking the Economy: How Investments and Wages Shape Jobs and Income
01 Jan 1970
02:06
02:06
#9
Can Wage Increases and Consumer Demand Keep the Economy in Balance?
01 Jan 1970
03:00
03:00
#10
Keeping the Economy's Playground Fun: A Balance of Confidence and Investment
01 Jan 1970
02:17
02:17
#11
Final Recap
01 Jan 1970
03:00
03:00
About Author
John Maynard Keynes was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. He authored "The General Theory of Employment, Interest, and Money," published in 1936, which challenged the classical economic thought and laid the foundation for Keynesian economics. His work emphasized the importance of government intervention to stabilize economies and mitigate the adverse effects of recessions and depressions.
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