Human Condition
Lang Anthony
9781912127887
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| Author(s) :- Lang Anthony | Format :- Paperback |
| Publisher :- Macat International Limited | Pub. Date :- 2017-07-15 |
| ISBN-13 :- 9781912127887 | |
| Series:- The Macat Library | |
| Pagination :- 92 pages | |
| Dimensions :- 198 x 129 |
Description
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.
