The General Theory of Employment, Interest and Money

ISBN: 9781912127900 Categorii: Diverse. An apariție: 2017 Autor: John Collins Editură: Macat Library Colecție: The Macat Library Tip copertă: Paperback Număr pagini: 106 Stoc: Stoc limitat

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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.

Limba
Engleza
Autor
John Collins
Data Publicarii
2017
Editura
Macat Library
Inaltime
19.8
Latime
12.9
Tip Coperta
Paperback
Nr Pag
106
Colectie
The Macat Library
Subtitlu
A Macat Analysis
Istoric preț pentru: The General Theory of Employment, Interest and Money

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