Are we still slaves to "defunct economists"? 🏛️

In 1936, JM Keynes dropped The General Theory of Employment, Interest and Money . His big realization? The economy can get stuck in a "low-employment trap" indefinitely.

Here are a few post options for by John Maynard Keynes, tailored for different platforms and audiences. Option 1: The "Thought Leader" Post (LinkedIn/Facebook)

It’s the total spending in the economy that drives employment, not just the price of labor.

Keynes famously argued that markets aren’t always self-correcting. During a slump, "animal spirits" (our human urge for action over inaction) can falter, leading to persistent unemployment that won't fix itself without a nudge.

A small spark in government spending can lead to a much larger increase in total national income.

Why do we hold cash? Keynes explored our psychological need for "liquidity" and how it dictates interest rates.

His book, The General Theory , was a direct response to the Great Depression. Before him, most experts thought the economy would just fix itself if we waited long enough. Keynes famously countered: "In the long run, we are all dead."