Code: 16737071
In his ground-breaking 1936 study The General Theory, Keynes argues that traditional economics has misunderstood the causes of unemployment. Employment is not determined by the price of labor; it is directly linked to demand. Keyn ... more
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Book synopsis
In his ground-breaking 1936 study The General Theory, Keynes argues that traditional economics has misunderstood the causes of unemployment. Employment is not determined by the price of labor; it is directly linked to demand. Keynes believes market economies are by nature unstable, and so require government intervention.
Book details
Book category Books in English Humanities Philosophy
10.41 €
English
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