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    Who wrote the book ‘The General Theory of Employment, Interest and Money’ ?
    Question

    Who wrote the book ‘The General Theory of Employment, Interest and Money’ ?

    A.

    John Maynard Keynes

    B.

    Milton Friedman

    C.

    Raj Kumar Mittal

    D.

    Thomas Hobbes

    Correct option is A

    The book ‘The General Theory of Employment, Interest and Money’ was written by John Maynard Keynes. It was first published in 1936 and is considered one of the most important works in the field of economics. The book challenges classical economic theory and introduces the concepts of aggregate demand, government intervention, and monetary policy.

    Information booster :

    John Maynard Keynes was a British economist whose ideas, known as Keynesian Economics, revolutionized economic thought, particularly regarding government intervention in the economy during recessions.

    The book focuses on the causes of unemployment and the role of government spending and monetary policy in managing economic fluctuations.

    Milton Friedman (Option 2) was a leading economist known for his work on monetarism and his criticism of Keynesian economics, but he did not write this book.

    Raj Kumar Mittal (Option 3) is not an economist associated with this book.

    Thomas Hobbes (Option 4) was a philosopher known for his work on political theory, particularly his book ‘Leviathan’, but he did not write on economics.

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