An Analysis of John Maynard Keyne's The General Theory of Employment, Interest and Money
The General Theory of Employment, Interest and Money
Omschrijving
Classical economics suggests that market economies are self-correcting in times of recession or depression, and tend toward full employment and output. But English economist John Maynard Keynes disagrees. In his ground-breaking 1936 study The General Theory, Keynes argues that traditional economics has misunderstood the causes of unemployment.
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