In what chapter in what book is John Bogle referring to?

[TheHardenedInvestor]

John Bogle mentions in an interview a chapter in a book written by John Maynard Keynes on how the markets work. Does anyone know what chapter in what book he is referring to? This occurs at minute mark 43:20 in the video below. Thanks.

https://youtu.be/3uJbHREmUs4

[Systems101]

I suspect he's referring to Chapter 12 of Keynes' General Theory of Employment, Interest, and Money

[bortman]

FWIW, you can link to specific time in youtube videos:

https://youtu.be/3uJbHREmUs4?t=43m20s


Thanks for the interview link!

[Greenback Reproduction Specialist]

I know this isn't the answer you were looking for, but if you are interested in the topic of how the market and general economy works, this is a great video that covers the basics.

https://youtu.be/PHe0bXAIuk0

[fatcow240]

I suspect he's referring to Chapter 12 of Keynes' General Theory of Employment, Interest, and Money

$1 for Kindle Edition.  I picked it up and will likely read it next.

[TheHardenedInvestor]

I suspect he's referring to Chapter 12 of Keynes' General Theory of Employment, Interest, and Money

$1 for Kindle Edition.  I picked it up and will likely read it next.

Likewise. Thanks for the info!