The Keynesian Revolution Audiobook (Free)

John Maynard Keynes (1883-1946) was without query probably the most influential economist of the twentieth century. His most important work, The General Theory of Work, Interest, and Money, was released in 1936, and it had been widely regarded as offering plausible explanations and solutions for the fantastic Depression.

Keynes suggested that capitalism is susceptible to instability caused by insufficient consumer demand. He emphasized the reluctance of workers to accept reductions in nominal wages, preventing free marketplace modifications to unemployment. Predicated on these and other perceived defects in the capitalist system, Keynes suggested government intervention throughout the market, and modern politicians have accepted and used Keynesian concepts with great excitement.

The Great Economic Thinkers Series is definitely a collection of presentations that explain in understandable language the main ideas of history’s most important economists. Special emphasis is positioned on each thinker’s attitude toward capitalism, uncovering their influence in the current debate on financial progress and wealth.