The Human Condition (The Macat Library)

by Anthony Lang (Contributor), Anthony Lang (Contributor), Sahar Aurore Saeidnia (Author)

• New

  Paperback
  2017

  $10.31

  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.