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About the product J. Keynes (1883-1946) — an outstanding English economist who made a significant contribution to the development of economic thought of the twentieth century, one of the founders of macroeconomics as an independent science. The main work of J. Keynes «General theory of employment, interest and money» was created under the impact of the world economic crisis of the 1920s and 1930s, which dealt a heavy blow to the supporters of the classical economic theory of the free market. Keynes stated that spontaneous market regulation of the capitalist economy is impossible, and therefore active government intervention in it is necessary. This was the first time that such a proposal was voiced among economists; it was adopted by practically all developed countries and had a huge impact on the subsequent development of the world economy. …
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