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An Analysis of John Maynard Keyne's The General Theory of Employment, Interest and Money
Af: John Collins Engelsk Paperback
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An Analysis of John Maynard Keyne's The General Theory of Employment, Interest and Money
Af: John Collins Engelsk Paperback

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.

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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.

Produktdetaljer
Sprog: Engelsk
Sider: 112
ISBN-13: 9781912127900
Indbinding: Paperback
Udgave:
ISBN-10: 1912127903
Udg. Dato: 4 jul 2017
Længde: 6mm
Bredde: 198mm
Højde: 130mm
Oplagsdato: 4 jul 2017
Forfatter(e): John Collins
Forfatter(e) John Collins


Kategori Psykologisk teori og skoleretninger


Sprog Engelsk


Indbinding Paperback


Sider 112


Udgave


Længde 6mm


Bredde 198mm


Højde 130mm

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