An Analysis of John Maynard Keyne's The General Theory of Employment, Interest and Money

Name: An Analysis of John Maynard Keyne's The General Theory of Employment, Interest and Money
Brand: Macat Library
SKU: 9781912127900-V
Price: 10.49 EUR
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By John Collins

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Description

John Maynard Keynes's 1936 General Theory of Employment, Interest and Money is a perfect example of the global power of critical thinking. A radical reconsideration of some of the founding principles and accepted axioms of classical economics at the time, it provoked a revolution in economic thought and government economic policies across the world. Unsurprisingly, Keynes's closely argued refutation of the then accepted grounds of economics employs all the key critical thinking skills: analysing and evaluating the old theories and their weaknesses; interpreting and clarifying his own fundamental terms and ideas; problem solving; and using creative thinking to go beyond the old economic theories. Perhaps above all, however, the General Theory is a masterclass in problem solving.
Good problem solvers identify their problem, offer a methodology for solving it, and suggest solutions. For Keynes the problem was both real and theoretical: unemployment. A major issue for governments during the Great Depression, unemployment was also a problem for classical economics. In classical economics, theoretically, unemployment would always disappear. Keynes offered both an explanation of why this was not the case in practice, and a range of solutions that could be implemented through government monetary policy.

Product details

Binding:: Paperback
Edition:: 1
Number of Pages:: 108
Release Date:: 2017-07-04
Publication Date:: 2017-07-04
Publisher:: Macat Library
Languages:: Original: English
ISBN10:: 1912127903
ISBN13:: 9781912127900
GPSR Manufacturer Reference:: [email protected]
Weight:: 125 g
Height:: 129 cm
Width:: 198 cm
Thickness:: 6 cm

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