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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... protection of property rights . The pervasive effect of macroeconomic policy in shortening time horizons has been addressed at length by T. Alexander Smith ( 1988 ) . An even broader impact results from the government's arrogation of ...
... protect itself . By contrast , aid to LDCs aims to create new capital in countries that still lack the fundamental ... protecting property rights and providing necessary roads , harbors , and other types of public infrastructure . And ...
... protection or monopoly status to state - owned enterprises , or parastatals , in order to increase their profits ( or cut their losses ) . In either case , the supposed benefits of a reduced deficit are more than offset by an increased ...
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 |