Definition & Reality in the General Theory of Political Economy by Thomas Cool
"Definition & Reality in the General Theory of Political Economy" by Thomas Cool is a scientific publication written in the early 21st century. The book aims to expand upon Keynes’s General Theory by incorporating the concept of endogenous government, thus creating a more comprehensive framework for understanding political economy. It delves into significant economic phenomena such as the Great Depression and the ongoing issues of stagflation, providing theoretical insights intended for felloweconomists and policymakers. The opening of the book outlines the central theme that traditional economic theories must evolve to account for the dynamics of government involvement in the economy. Cool introduces the concept of an "Economic Supreme Court," which he argues should function alongside the established branches of government to ensure accountability and integrity in economic policymaking. He emphasizes the necessity for rigorous scientific methodology in analyzing economic policy while raising critical questions about persistent issues such as unemployment and the effectiveness of governmental interventions. Through this introduction, Cool sets the stage for a detailed exploration of the relationship between economic theory and the complexities of political structures. (This is an automatically generated summary.)
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About this eBook
| Author | Cool, Thomas |
|---|---|
| Title | Definition & Reality in the General Theory of Political Economy |
| Alternate Title | Definition and Reality in the General Theory of Political Economy |
| Note | Reading ease score: 52.9 (10th to 12th grade). Somewhat difficult to read. |
| Language | English |
| LoC Class | HB: Social sciences: Economic theory, Demography |
| Subject | Political science |
| Subject | Economics |
| Category | Text |
| EBook-No. | 15939 |
| Release Date | May 30, 2005 |
| Most Recently Updated | Aug 1, 2020 |
| Copyright Status | Copyrighted. Read the copyright notice inside this book for details. |
| Downloads | 362 downloads in the last 30 days. |
| Project Gutenberg eBooks are always free! | |
