But english economist john maynard keynes disagreed in his groundbreaking 1936 book the general theory of employment interest and money keynes argued that traditional economics has misunderstood the causes of unemployment employment is not determined by the price of labor it is directly linked to demand in the economy. Classical economics suggests that market economies are self correcting in times of recession or depression and tend toward full employment and output but english economist john maynard keynes disagrees in his groundbreaking 1936 book the general theory of employment interest and. But english economist john maynard keynes disagreed in his groundbreaking 1936 book the general theory of employment interest and money keynes argued that traditional economics has misunderstood the causes of unemployment employment is not determined by the price of labor it is directly linked to demand in the economy. An analysis of john maynard keynes the general theory of employment interest and money the macat library amazoncouk collins john 9781912302253 books gbp1738 rrp gbp1999. Economy a macat analysis of john maynard keyness the general theory of employment interest and general theory of employment interest and money volume 127 buy an analysis of john maynard keynes the general theory of employment interest and money the macat library 1 by collins john isbn 9781912302253 from amazons book store