Mr Keynes' "General Theory of Employment, Interest and Money"

Abstract

The article by Abba P. Lerner reproduced here was the first to explain Keynes' employment theory in simple and generally intelligible terms; indeed, the article had been read and approved by Keynes prior to publication. Born in Romania, Abba P. Lerner studied in Cambridge before teaching at a number of universities including the London School of Economics and the University of California (Berkeley). [more] The article by Abba P. Lerner reproduced here was the first to explain Keynes' employment theory in simple and generally intelligible terms; indeed, the article had been read and approved by Keynes prior to publication. Born in Romania, Abba P. Lerner studied in Cambridge before teaching at a number of universities including the London School of Economics and the University of California (Berkeley). Copyright © International Labour Organization 2012.