In 1936, numerous and epoch-making changes began in the Old Continent. British economist John Maynard Keynes laid the groundwork for transforming Western socio-economic paradigms with the publication of the “General Theory of Employment, Interest, and Money,” initiating the so-called “Keynesian revolution” that gave rise to the first form of macroeconomics. This work led to a profound renewal of the society and economic structures of the time, effectively opening the door to development policies still pursued in the West today. An almost comparable milestone in agricultural mechanization was the birth, also…
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