The General Theory at 90: The reconstruction of macroeconomics (opens in new tab)
On February 4, 1936, Maynard Keynes published The General Theory of Employment, Interest and Money (GT). I'm off by a few days. ROKE did notice it, but I had no time to post. I recently presented on the social policies discussed in the last chapter of the book at the ASSA Meetings in Philly (photo above; paper soon, hopefully).Ninety years later, the book remains perhaps the single most important book in twentieth-century economics. The work that most decisively changed the direction of the d...
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