Lesson 6

Keynesian economics

Lesson 6

Keynesian Economics

This lesson introduces the general concepts of John Maynard Keynes, one of the most influential economists of the 20th century. His magnum opus, the General Theory of Employment, Interest and Money (1936), triggered the so called “Keynesian Revolution” in economics. Today his ideas are more or less the basis of economic policy all over the world.

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