Influencing economics greatly, charming John Maynard Keynes found his place at the University of Cambridge after being raised in a Puritanical Victorian home following his birth in 1883. Keynes felt comfortable among his high intellectual parents and surroundings, but he liked to have fun and did not care greatly for the Puritan attitudes they attempted to embody in him. Coming to Cambridge to study mathematics, Keynes struggled in this subject and soon found himself instead reading economics books, where he learned much of his basis for economics from Alfred Marshall’s Principles of Economics. Eventually returning to Cambridge later in his career as an economics teacher, Keynes started to form his own...
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...uggle to attain full employment and we certainly would not have the advances they provided to economics today. The Keynesian-Monetarist debate continues on, and the dead economists John Maynard Keynes and Milton Friedman remain influential figures today. Todd G. Buchholz explains various economists’ ideas in a way that is understandable for all, providing easy-to-follow explanations and even some entertainment. While New Ideas From Dead Economists can be tough to read through at times for those who do not enjoy history and do not find economics the most interesting topic in the world, it contains life lessons and information that all should know. For those who want to have a greater awareness of the world around them and understand where it all comes from, I would definitely recommend diving into the world of the dead economists. You just might learn some new ideas!
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