General Theory of Employment, Interest and Money

Keynes is the founder of modern Western economics. Even now, many countries use his knowledge to manage national monetary and economic policies. This book is one of his masterpieces. It is the founder of modern macroeconomics and has had an important impact on economics and policy making. Keynes believed that the imbalance between market supply and demand was the main cause of unemployment. By regulating aggregate demand, especially investment demand, employment growth could be stimulated. Implementing a proactive monetary policy, including measures such as moderate inflation and fiscal deficit, can effectively stimulate economic growth and employment. It emphasizes that the economy can be revitalized through continuous stimulation and water release. Friends who are interested in economics can read more.

A very classic book, a landmark masterpiece in the history of Western economics. With its unique "effective demand theory" and "multiplier theory", it pointed out a way out of the predicament for the helpless capitalist world during the Great Depression of the 1930s. Today, our assets will still rise and fall with the cyclical fluctuations of the economy. The government's economic policies will not only affect the actual value of the assets we own, but also affect the holders' strategies for choosing investment opportunities.

This is an economics book published by Keynes in 1936 and is known as the foundation of modern macroeconomics. The book explores core issues in macroeconomics, particularly the role and impact of employment, interest, and money in economic activity. Keynes criticized some assumptions and views in traditional economics and proposed his own theoretical framework, which is called Keynesian economics. In this book, he proposed important ideas such as demand determining economic activity, efficiency wage theory, unemployment and idle resources. This book is worth reading.

It's valuable, better than those mindless novels

The characteristic of the monetary economy lies in the change of people's views on the future in this economic system. It can not only affect the direction of employment, but also change the quantity of employment. Although current economic behavior is often affected by people's views on the future, and these views are often changing, our method of analyzing current economic behavior does not go beyond the scope of the interaction of supply and demand.

It's good to watch. Although I don't remember much after watching it, it still has certain benefits.