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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... foreign capital transfers . Efficiency and incentives are entirely neglected . Second , the model implicitly supports central planning . As Johnson puts it , " The equation provided a framework for planned economic growth , since the ...
... foreign aid and bank loans , scorn- ing direct foreign investment as " neo - imperialist . " A small band of economists , however , warned that foreign aid was not only unlikely to promote growth , but might well retard it . As early as ...
... Foreign Investor Strategy , " Washington Post ( 28 June 1987 ) : 71 ; Christian Tyler , " Developing Nations and Foreign Investment : Learning to Live with Capitalism , " Financial Times ( 13 February 1987 ) ; Marc Levinson , " Yanqui ...
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 |