Interest And ... — The General Theory Of Employment,

A small spark in government spending can lead to a much larger increase in total national income.

It introduced terms we use every day, like The Multiplier Effect and Liquidity Traps . It's the reason we look at "Aggregate Demand" to see if the economy is healthy. The General Theory of Employment, Interest and ...

Are we still slaves to "defunct economists"? 🏛️ A small spark in government spending can lead

"The difficulty lies, not in the new ideas, but in escaping from the old ones." — John Maynard Keynes 🖋️ #Economy #Investing #History #Keynesian not in the new ideas