{"product_id":"an-analysis-of-john-maynard-keynes-the-general-theory-of-employment-interest-and-money-9781912127900","title":"An 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\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cstrong\u003eDr John Collins\u003c\/strong\u003e is a member of the faculty at the London School of Economics, where he is currently Executive Director of the LSE IDEAS International Drug Policy Project.\u003c\/p\u003e\u003cbr\u003e","brand":"Macat Library","offers":[{"title":"Default Title","offer_id":51705132974354,"sku":"9781912127900","price":8.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_02e73446-2ff0-4e39-8d2c-9d55cf072263.jpg?v=1762342410","url":"https:\/\/surprise-castle.myshopify.com\/products\/an-analysis-of-john-maynard-keynes-the-general-theory-of-employment-interest-and-money-9781912127900","provider":"Surprise Castle","version":"1.0","type":"link"}