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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... problems . Even with these complexities , capital formation still requires capitalist saving and investment , and it still remains the path to greater future consumption . In a money - exchange economy , individuals can engage in a di ...
... problem of worldwide inflation . This led it to concentrate an in- creasing number of resources on the problems of developing countries ( Mundell 1969 ) , a trend that greatly accelerated with the complete abandonment of fixed exchange ...
... problems of most Western governments , which have limited both bilateral and multilateral aid , have at long last finally forced many LDCs to turn to foreign investment and the private sector for growth . There is considerable evidence ...
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 |