John Maynard Keynes
This lesson contains information on Keynes, the man himself. I believe that this is a good time in the syllabus to provide a biography of the man's work but similarly there may also be teachers who prefer to introduce this earlier in the syllabus, before they focus on the AD / AS sections of the course. Consider the following, your economy is in recession - wages and prices are falling. Each day more workers are laid...