An Analysis of Hannah Arendt's The Human Condition

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   An Analysis Of Hannah Arendt's The Human Condition - The Macat Library - Sahar Aurore Saeidnia

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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.