The General Theory of Employment, Interest and Money
E7214
The General Theory of Employment, Interest and Money is John Maynard Keynes’s landmark 1936 book that founded modern macroeconomics by challenging classical views and explaining the causes of prolonged unemployment and economic downturns.
All labels observed (3)
| Label | Occurrences |
|---|---|
| The General Theory of Employment, Interest and Money canonical | 9 |
| John Maynard Keynes (book) | 1 |
| The General Theory | 1 |
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
book
ⓘ
economic treatise ⓘ |
| argues |
insufficient aggregate demand causes prolonged unemployment
ⓘ
market economies can settle at equilibrium with involuntary unemployment ⓘ wage and price flexibility does not guarantee full employment ⓘ |
| author | John Maynard Keynes ⓘ |
| countryOfOrigin | United Kingdom ⓘ |
| criticized |
Say's law
ⓘ
classical economics ⓘ loanable funds theory of interest ⓘ |
| field |
economics
ⓘ
macroeconomic theory ⓘ |
| firstPublishedIn | United Kingdom ⓘ |
| hasAbbreviation |
The General Theory of Employment, Interest and Money
self-linksurface differs
ⓘ
surface form:
The General Theory
|
| hasGenre |
academic literature
ⓘ
non-fiction ⓘ |
| influenced |
Keynesian economics
ⓘ
New Keynesian economics ⓘ fiscal policy theory ⓘ modern macroeconomics ⓘ |
| introducedConcept |
effective demand
ⓘ
liquidity preference theory of interest ⓘ marginal efficiency of capital ⓘ multiplier principle ⓘ propensity to consume ⓘ underemployment equilibrium ⓘ |
| language | English ⓘ |
| notableFor |
challenging classical views on employment and interest
ⓘ
explaining causes of prolonged unemployment ⓘ founding modern macroeconomics ⓘ influencing 20th-century economic policy ⓘ |
| publicationYear | 1936 ⓘ |
| publisher |
Macmillan Publishers
ⓘ
surface form:
Macmillan
|
| relatedConcept |
Keynesian economics
ⓘ
surface form:
IS–LM model
Keynesian economics ⓘ
surface form:
Keynesian cross
|
| relatedWork | The Economic Consequences of the Peace ⓘ |
| structure | divided into six books ⓘ |
| subject |
aggregate demand
ⓘ
economic downturns ⓘ employment ⓘ interest rate ⓘ macroeconomics ⓘ money ⓘ unemployment ⓘ |
| supportsPolicy |
countercyclical fiscal policy
ⓘ
government intervention in recessions ⓘ |
| timePeriodAddressed |
Great Depression
ⓘ
surface form:
Great Depression era
|
Referenced by (11)
Full triples — surface form annotated when it differs from this entity's canonical label.
The General Theory of Employment, Interest and Money
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hasAbbreviation
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The General Theory of Employment, Interest and Money
self-linksurface differs
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this entity surface form:
The General Theory
Time magazine Top 100 non-fiction books since 1923
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hasPart
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The General Theory of Employment, Interest and Money
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this entity surface form:
John Maynard Keynes (book)