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

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.

General

Imprint:	Macat International Limited
Country of origin:	United Kingdom
Series:	The Macat Library
Release date:	July 2017
First published:	2017
Authors:	John Collins
Dimensions:	198 x 129 x 13mm (L x W x T)
Format:	Hardcover
Pages:	106
ISBN-13:	978-1-912302-25-3
Categories:	Books > Language & Literature > Literature: history & criticism > Literary theory Books > Humanities > Philosophy > General Books > Social sciences > Education > Study & learning skills Books > Social sciences > Politics & government > Political science & theory Books > Business & Economics > Economics > General Books > Social sciences > Psychology > Philosophy & theory of psychology > General Books > Philosophy > General Promotions
LSN:	1-912302-25-X
Barcode:	9781912302253

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