An Intro to Keynes’s The General Theory of Employment, Interest and Money - A Macat Economics Video

Employment levels are determined by aggregate (total) demand rather than by the price of labor. Economies should not be expected to automatically right themselves after a temporary shock. Watch Macat’s short video for a great introduction to John Maynard Keynes’s The General Theory of Employment, Interest and Money, one of the most important economics books ever written. Macat’s videos give you an overview of the ideas you should know, explained in a way that helps you think smarter. Through exploration o