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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... explain how individuals deal with imperfect coordination , that is , excess demand and excess supply . The factor in ... explanation of cooperation and coordination among individuals attempting to satisfy their diverse needs . Because ...
... explain why a depressed economy cannot recover quickly , but it cannot even pretend to explain why the collapse of aggregate demand takes place . Explaining a depression by a collapse of aggregate demand is to use a depression to ...
... explain why entrepreneurial mood swings would result in any particular pattern of business fluctuations - such as the boom - bust cycle that he supposedly wants to explain - instead of any other conceivable pattern of fluc- tuations ...
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 |