Why it matters
National accounts made economies newly legible to states but omitted much unpaid work and treated production as distinct from welfare; neither macroeconomics nor the welfare state began or ended with one 1936 book or one national model.
- Date
- 1930s–1945 CE · selected theory, measurement and policy milestones
- Historical setting
- World Wars · Global
- People & communities
- John Maynard Keynes · Simon Kuznets · civil servants · workers · welfare-state advocates



