Written fifteen years after its authors The Economic Consequences of the Peace, for 10 points, identify this book that inspired FDR's efforts in the New Deal and lays out the economic theories of John Maynard Keynes.
The preface to the English version of this book states that although this book is written for other members of the author's profession, he hopes that the lay people can understand and learn from it. Chapter 12 of this work describes a theoretical beauty contest as a way to explain price fluctuations in equity markets, which utilizes the guess 2/3 of the average game. A more prominent idea of this work is the idea that the equation c+i+g=y can be used to accurately represent GDP growth. This book advocates the idea that the growth of GDP is tied to aggregate demand, and as such governments should inject capital into the market. Written fifteen years after its authors The Economic Consequences of the Peace, for 10 points, identify this book that inspired FDR's efforts in the New Deal and lays out the economic theories of John Maynard Keynes.
The preface to the English version of this book states that although this book is written for other members of the author's profession, he hopes that the lay people can understand and learn from it.
General Theory of Employment Interest and Money