{"product_id":"analysis-of-john-maynard-keynes-the-general-theory-of-employment-interest-and-money","title":"Analysis of John Maynard Keyne's The General Theory of Employment, Interest and Money","description":"\u003cp\u003eJohn Maynard Keynes’s 1936 \u003cem\u003eGeneral Theory of Employment\u003c\/em\u003e, 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. \u003c\/p\u003e\u003cp\u003eGood 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.\u003c\/p\u003e","brand":"Taylor \u0026 Francis","offers":[{"title":"Default Title","offer_id":45589334360302,"sku":"9781912127900","price":11.19,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0630\/9612\/7726\/files\/9781912127900.jpg?v=1721221863","url":"https:\/\/bookland.com.au\/products\/analysis-of-john-maynard-keynes-the-general-theory-of-employment-interest-and-money","provider":"Book Land AU","version":"1.0","type":"link"}