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The General Theory Of Employment, Interest, And Money is probably the most influential book in economics. It brings together concepts by Keynes that were new and dynamic in the 1930s, and revolutionized the world’s economy. Those interested in understanding such important theories and policies must not miss out on this book. Summary Of The Book The General Theory Of Employment, Interest, And Money is considered one of the greatest books written in the field of economics. Published in 1936, the author’s radical thoughts resulted in an economic revolution. Famously known as the Keynesian Revolution, this book changed the viewpoints of many economists around the world. It is also said to have created the term macroeconomics and has given it shape in contemporary times. Keynes in the Preface says that this book is addressed to economists, however, he hopes it will benefit others who read it. The name of the book is in contrast to the classical theories of economics that existed during that time. The author says that while his theories are applicable in general, the classical ones can only be relevant in special cases. The General Theory Of Employment, Interest, And Money set off a series of movements that challenged old, but established ideas. Keynes emphasizes on the need to not just grasp the new theories, but to let go of the classical ones. Concepts like the marginal efficiency of capital, the consumption function, liquidity preference, and the multiplier are covered in this book. Theories by Keynes focus on how the government can stimulate and regulate daily operations of a nation’s economy. He also throws light on understanding the forces that are responsible for production and employment, in order to learn how to equilibrate supply and demand. The Keynesian Theory is said to be responsible for over six decades of economic growth. The General Theory Of Employment, Interest, And Money in 2011 was listed in Time Magazine’s top 100 non-fictional English books published since 1923. About John Maynard Keynes John Maynard Keynes was a British economist and author.  He was born in Cambridge, England, and completed his Bachelor’s degree in Mathematics from the King’s College, Cambridge in 1905. He then went on to work as a clerk in the India Office, and returned to England two years later in 1908. Keynes first professional economics article was published the next year in The Economics Journal. He became the editor of the journal in 1911. The author’s first book, Indian Currency And Finance, was published in 1913. Some of his other publications are The Inflation of Currency As A Method of Taxation, The End Of Laissez-Faire, Essays In Persuasion, and Revision Of The Treaty. Concepts presented in his books have been adopted by many capitalist economies. Keynes passed away in 1946. In 1999, he was named as one of the 100 most important and influential people of the 20th century by Time Magazine.