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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... standard , the free - market policy , and both support a fiat - money standard . Keynesians and monetarists still debate the effectiveness of various macroe- conomic policies . Keynesians believe in constantly tinkering with the economy ...
... standard at fixed exchange rates . If banks had adopted a sound , 100 percent reserve system on liquid funds , and if governments had maintained a strict gold standard , the banking system would not have failed and the money supply ...
... standard , calling it a " barbarous relic❞ — was one of the first to buy gold stocks in the early 1930s . His opposition to the gold standard did not prevent him from taking advantage of an undervalued opportunity when South Africa ...
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 |