When a modern economist reads The General Theory, the experience is both exhilarating and

frustrating. On the one hand, the book is the work of a great mind being applied to a social problem
whose currency and enormity cannot be questioned. On the other hand, although the book is
extensive in its analysis, it somehow seems incomplete as a matter of logic. Too many threads are
left hanging. The reader keeps asking, what, precisely, is the economic model that ties together all
the pieces?