Description

British economist John Maynard Keynes publishes his work "The General Theory of Employment, Interest and Money", largely credited with creating the terminology and shape of modern macroeconomics

Location

United Kingdom

Rate

Very important (8)

Sphere

Economics & Agrocaltures, Science

Quotations

I expect to see the State, which is in a position to calculate the marginal efficiency of capital goods on long views and on the basis of the general social advantage, taking an ever greater responsibility for directly organising investment;

The General Theory of Employment, Interest and Money by John Maynard Keynes

Comments