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. |
From inside the book
Results 1-3 of 76
... production of textile machinery at the first stage of production . What percentage increase is dictated for the capital goods " needed " to produce the textile machinery , that is , second - stage capital goods ? Depending on the size ...
... production . A lower interest rate favors production for the more distant future over production for the more im- mediate future ; it favors relatively more time - consuming or roundabout methods of production as well as the production ...
... production over current consumption ) . And no demand for loanable funds would exist if no one were to perceive any opportunity to employ those funds , that is , to invest them so as to produce a future output that would exceed current ...
Contents
Introduction | 3 |
Keynes and Keynesianism 442 | 5 |
An Unwise Policy for Recovery | 35 |
Copyright | |
12 other sections not shown
Other editions - View all
Dissent on Keynes: A Critical Appraisal of Keynesian Economics Mark Skousen No preview available - 1992 |