The General Theory of Employment, Interest, and Money by
John Maynard Keynes
My rating:
2 of 5 stars
From an economic standpoint it was a book that disclosed several new ideas and concepts that challenged the accepted body of knowledge (classical perspective) related with unemployment, interest and money. Made me think about the classical point-of-view on these subjects and what you still learn in economy classes (as an university freshman) and has enriched the discussion on subjects at hand. Gave a multidimensional perspectives to problems that were previously considered in a simplistic way. It also presents the basics for behavioral economics relevance on the daily economic decisions, a topic so trendy these days
The problem is that most policy makers when defining policies in these areas stay with the 101 classical perspective and do not take a more holistic approach, whereby a multi-factor variables and potential impact should be considered.
Do not advise it for someone that does not have the basic/medium economic knowledge, his writing is not the most exciting one, the structure of the text, within the chapters, does not help, thus i must confess that i struggled to finish it (having stopped and restarted its reading several times did not help neither). Will let this book rest for a couple of months and eventually will come back to it to see if i can take advantage of its insights (that are undeniable) in a better way.
Do not recommend this Kindly version, several typos and also a missing important chart.
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1984 by George Orwell