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Purpose and benefits

Should the state intervene to combat unemployment? Governments today may ask themselves this question; governments were already asking themselves this question during the 1930s and had even more compelling reasons for doing so, perhaps. Keynes was the first to show convincingly why state intervention to boost employment is sensible and necessary. This book, first published in 1936, lays the foundations of Keynesianism, a demand-orientated doctrine that is still hotly debated and highly influential in both politics and economics today.