It’s the total spending in the economy that drives employment, not just the price of labor.

Why do we hold cash? Keynes explored our psychological need for "liquidity" and how it dictates interest rates.

If you’ve ever wondered why governments spend money to "stimulate" the economy during a recession, you can thank this guy: .

Keynes famously argued that markets aren’t always self-correcting. During a slump, "animal spirits" (our human urge for action over inaction) can falter, leading to persistent unemployment that won't fix itself without a nudge.

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

Whether you agree with government intervention or prefer the "invisible hand," this book remains the cornerstone of modern macroeconomics.