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Tag: General Theory

The Persistence of Memory by Salvador Dali

Posted on August 4, 2013 by JL Admin

Salvador Dali’s 1931 painting named The Persistence of Memory is an intriguing work of modern art.  The artwork became an instant success with the public audience and continues to be Dali’s most recognized work.  At the core of the painting is Dali’s perception of physical objects as either ‘hard’ or ‘soft’.  The depiction of ‘soft’…

An assessment of the impact of the ideas and activities of John Maynard Keynes on the development of the international economy

Posted on November 2, 2012 by JL Admin

John Maynard Keynes was arguably the most influential economic thinker of the twentieth century. His ideas and theories have generated academic discussion and debate. As with all landmark scientific achievements in human history Keynesian economics too has had mixed fortunes in its journey so far. The following quote from Knut Wicksell succinctly expresses this condition,…

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