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Along the way it charts Keynes's intellectual progress, showing how events, such as Britain's persistently high joblessness in the 1920s, fed the evolution of his view that classical economic theory was inadequate and that a capitalist economy called for government intervention.
ECONOMIST: John Maynard Keynes
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The classical theory of the rational, economic man would have him avoid risk and thereby avoid the coin flip.
FORBES: By Stephen Horan, PhD, CFA, CIPM
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FedEx founder Fred Smith (a middling student at Yale by some accounts) is known to be a huge fan of the classical economic scholars, but how awful for all of us if he'd wasted his talent on teaching classical theory over founding a company that employs thousands and makes all of our lives much easier.
FORBES: Magazine Article
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FedEx ( FDX - news - people ) founder Fred Smith (a middling student at Yale by some accounts) is known to be a huge fan of the classical economic scholars, but how awful for all of us if he'd wasted his talent on teaching classical theory over founding a company that employs thousands and makes all of our lives much easier.
FORBES: Political Economy