Introduction:

This book is a playful and funny explanation of John Edward Keynes Economic Theories which became known as Keynesioan Economics. John Edward Keynes was a figure larger then life 1880 to 1940. His theories and influence have shaped our world in many ways. If you want to learn about economics, but find most textbooks boring and better at putting you to sleep then teaching you, this is the book for you. This post is my playful review of the material in the book. I hope you laugh and cry. Laugh at the post, but cry when you imagine what might have been if the world adopted Keynesian Economic Theory after World War 2 instead of the Dollar Hedgemony Economic Policy it did adopt.

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The book contains fun games for which introduce important economic principles of failed economic policies in fun and playful ways.

It's playful depiction of concepts draws you in and you will find yourself enjoying the someties irreverent way he speaks of historical figures and events.

It's ability to create games and utilize graphics to playfully teach important concepts is a rare treat.

Combining fun and 3ducation requires skill.

I hope I have piqued your interest enough for you to want to read this post further, enjoy.

Understanding the Super-Fun Spending Machine

• This fantastic book introduces kids to the world of big money (called Macroeconomics) through the eyes of a friendly teacher, Professor Keynes. The author, Professor Keynes (who insists everyone call him John), is a famous economist who wants to make sure kids understand how the economy really works!

• The book explains that about 80 years ago, the world was suffering from a terrible financial problem called the Great Depression. Lots of people lost their jobs, and the whole world had a "sad tummy ache." Professor Keynes wrote an important book back then called The General Theory, and it had ideas that helped make things better!

The Battle of the Ideas

• The book spends time showing why Professor Keynes had to fight some other professors who liked an Old, Silly Idea (called the Classical idea).

• The Old, Silly Idea: These older professors thought money was like a perfect, wind-up toy robot. They believed that if someone had a dollar, that dollar would automatically buy something, and the economy would magically fix itself, just like the planets move perfectly in space. If people were jobless, the Classical economists thought the problem would just disappear on its own!

Professor Keynes's Better Idea: Professor Keynes looked at that and said, "That's bananas!"

• He proved that the economy, which the book calls the Super-Fun Spending Machine, can totally hit the brakes and stop working. This happens because people get scared and they STOP SPENDING! The core idea of the book is that if people are hiding money under their beds instead of buying things, the whole machine gets stuck, stores don't sell stuff, and workers lose their jobs.

Professor Keynes teaches that the government sometimes needs to step in and help start the machine again by making sure there is enough DEMAND (which just means buying stuff).

The book's clear analogies and fun tone successfully simplify a complicated subject, ensuring that the "nonsense stops today" and that young readers get their best thinking caps on to understand how our money and jobs really work.

Last Words

I hope you enjoyed this review and introductory post.
You can read more at the link: https://keynesforkids.com/

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