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Author(s) :- Collins John | Format :- Paperback |
Publisher :- Macat International Limited | Pub. Date :- 2017-07-04 |
ISBN-13 :- 9781912127900 | |
Series:- The Macat Library | |
Pagination :- 105 pages | |
Dimensions :- 198 x 129 |
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.