KnowraThe General Theory of Employment, Interest and MoneyLinked fromLinked fromThe 11 pages that link to The General Theory of Employment, Interest and Money, each with the reason it gives.All 11Broader topic 10Related 1Keynesian economicsBroader topic: This book presented the framework that became the foundation of Keynesian economics.Fiscal policyBroader topic: It supplied a major theoretical foundation for countercyclical fiscal action.John Maynard KeynesBroader topic: This book presented his most influential challenge to classical employment theory.Liquidity TrapBroader topic: Keynes discussed circumstances in which monetary policy could not reduce interest rates further.Full employmentBroader topic: It argued that an economy could remain below full employment without corrective policy.MacroeconomicsBroader topic: It set out the case that deficient aggregate demand can sustain economic depression.Effective demandBroader topic: It presents the principle of effective demand in its classic form.Animal spiritsBroader topic: The book’s chapter on long-term expectations introduces animal spirits.History of Economic ThoughtBroader topic: It supplied the theoretical basis for a new approach to macroeconomic policy.Alvin HansenRelated: Hansen’s influential interpretation helped introduce this work to American economists.History of macroeconomic thoughtBroader topic: This book became the central text of the Keynesian break with classical explanations.