Dissent on Keynes: A Critical Appraisal of Keynesian EconomicsMark Skousen Keynesian economics is not dead but is alive and kicking in the U.S. and elsewhere. However, Keynesian economics has caused the U.S. and other countries under its influence to suffer inflation, economic instability, excessive debt, overconsumption, and underinvestment on a serious scale. Meanwhile, many Far Eastern and European countries have rejected Keynesian-style economics and are rapidly surpassing the U.S. in economic growth. This edited volume is the first and only modern work to attack Keynesian economic theory, which is at the root of many of the U.S. economic problems. |
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... claim that actual reallocations induced by credit expansion are unsustainable . The artificial boom ends in a bust . In his discussion of Keynesian and Austrian concerns about interest - rate ef- fects , Friedman claims that the ...
... claim that Keynes is a quantity theorist and of the corresponding claim that Friedman is a Keynesian . NOTES 1. This interpretation of Keynes is almost universally attributed to Hicks , on the basis of his early article , and to Hansen ...
... claim that interest was determined by some- thing other than money was to claim to be able to grasp the constituents of human action . Instead , we must remain on the surface . Again , Keynes's most famous economic doctrine , the ...
Contents
Introduction | 3 |
Keynes and Keynesianism 442 | 5 |
An Unwise Policy for Recovery | 35 |
Copyright | |
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Dissent on Keynes: A Critical Appraisal of Keynesian Economics Mark Skousen No preview available - 1992 |