The failure of the "new economics": an analysis of the Keynesian fallacies

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Van Nostrand, 1959 - Business & Economics - 458 pages
24 Reviews
Canonization. Uses of refutation. A path-breaking pioneer? The "general" theory. Postulates of Keynesian economics. Keynes vs. say's law. Overture. "labor units" and "wage units". The role of expectations. "Statics" vs. "Dynamics". Income, saving, and investment. "The propensity to consume". "The multiplier". "The marginal efficiency of capital". Expectations and speculation. "Liquidity preference". The theory of interest. Confusions about capital. "Own rates of interest". The general theory restated. Unemployment and wage-rates. Employment, money, and prices. The "trade cycle". Return to mercantilism? Keynes lets himself go. Did keynes recant? "Full employment" as the goal. "The national income approach". The keynesian policies.

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Review: The Failure of the New Economics

User Review  - Steve Hadfield - Goodreads

Although the statistics are extremely hard to listen to and follow, it was still a complete tear down of John Maynard Keynes and his economics that have done more damage to western countries all ... Read full review

Review: The Failure of the New Economics

User Review  - Goodreads

Although the statistics are extremely hard to listen to and follow, it was still a complete tear down of John Maynard Keynes and his economics that have done more damage to western countries all ... Read full review

Contents

INTRODUCTION
1
POSTULATES OF KEYNESIAN
13
KEYNES vs SAYS LAW
32
Copyright

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