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Indicate John Maynard Keynes major paper that began the Keynesian theory of economics. Does his theory...

Indicate John Maynard Keynes major paper that began the Keynesian theory of economics. Does his theory work?
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John Maynard Keynes got famous for his book “General theory of employment, interest and money in 1936”. He discussed about the great depression of 1930 and suggested that depression problem can be solved by increasing the autonomous government spending and decreases the tax rate. Because in this way, autonomous investment and demand will increase and depression situation will remove. Even in recession situation government follows the expansionary monetary policy to increase the income and output by reducing taxes and increasing government expenditure. Therefore, his theory works in current scenario.

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