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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... laissez - faire is also the best policy . There are four reasons for this failure . First , historical events have persuaded economists and government officials of the efficacy of Keynesian policies . Sec- ond , some conservative ...
... laissez - faire society is a period of readjustment , accompanied by unusually high confusion , following widespread error about others ' demands . Although not inconceivable , Murray N. Rothbard ( [ 1962 ] 1970 : 747 ) and others have ...
... laissez - faire capitalism . Many free - market adherents argue that people possess natural rights to liberty , including the right to own property . These rights forbid governmental intrusion , even when the aim of the government is to ...
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 |