- Words: 3597
- Length: 13 Pages
- Topic: Economics
- Paper #: 84702655
Keynesian Revolution: Analysis and Criticism believe myself to be writing a book on economic theory which will largely revolutionize -- not, I suppose, at once, but in the course of the next ten years -- the way the world thinks about economic problems"
John Maynard (Keynes, Letter to G.B. Shaw, January 1, 1935)
Prior to the Keynesian Revolution, may economists and politicians viewed economics from a "micro" perspective. They saw factors such