Henry Hazlitt confronted the rise of Keynesianism in his day and put together an intellectual arsenal: the most brilliant economists of the time showing what is wrong with the system, in great detail with great rigor. With excerpts from books and articles published between the 30s and 50s, The Critics of Keynesian Economics remains the most powerful anti-Keynesian collection ever assembled.
Introduction By Henry Hazlitt
Say’s Law By Jean Baptiste Say
Of The Influence Of Consumption On Production By John Stuart Mill
Mr. Keynes On The Causes Of Unemployment By Jacob Viner
Unemployment: And Mr. Keynes’s Revolution In Economic Theory By Frank H. Knight
Mr. Keynes’ “General Theory” By Etienne Mantoux
The Economics Of Abundance By F. A. Hayek
Liquidity Preference And The Theory Of Interest And Money By Franco Modigliani
Digression On Keynes by Benjamin M. Anderson
The Philosophy Of Lord Keynes By Philip Cortney
Beveridge’s “Full Employment In A Free Society” By R. Gordon Wasson
John Maynard Keynes By Garet Garrett
The Fallacies Of Lord Keynes’ General Theory By Jacques Rueff
Appraisal Of Keynesian Economics By John H. Williams
Continental European Pre-Keynesianism By L. Albert Hahn
Stones Into Bread, The Keynesian Miracle By Ludwig Von Mises
Lord Keynes And Say’s Law By Ludwig Von Mises
Lord Keynes And The Financial Community By Joseph Stagg Lawrence
The Economics Of Full Employment By Wilhelm Ropke
The Significance Of Price Flexibility By W. H. Hutt
Keynes’ Theory Of Underemployment Equilibrium By Arthur F. Burns
The Keynesian Mythology By Melchior Palyi
Mr. Keynes And The “Day Of Judgment” By David Mc Cord Wright
{ 11 comments }
And now even Vladimir Putin!!!
February 11, 2009
Vladimir Putin Is Wiser Than The Keynesians In D.C.
Who is paying attention to world affairs and trying to understand?
Not the pawns of the unConstitutional coup in the U.S.!
Nothing but propagandized news is fed by the unConstitutional coup to the media outlets and the consequence is that Congress and all of the ego-driven interventionists advising them are dumbed down and oblivious of world affairs. They are dumbed down in all except the fascist, nationalistic, militaristic, socialist, Keynesian blah-blah.
Talk about being isolationists!
Vladimir Putin is ready to embarrass Americans for being so pathetically naive and gullible. He calls America a socialist nation; but not as a compliment!
The Joseph Stagg Lawrence entry is brilliant. I wish he had had more to contribute to the overall literature. Of course, he was too busy being a productive contributor to society…
Robert, don’t be fooled by Putin’s rhetoric. He can be against Keynes but he is not a pro-liberal politic, nor he is an Austrian School supporter. Just take into account that the Russian Federation has one of the poorest “Economic Freedom Indexes” in the Europe.
You are one dumb guy !
Wow, that’s a book I need to pick up.
Here is the online and downloadable version of “Critics of Keynesian Economics”:
http://www.scribd.com/doc/12238151/The-Critics-of-Keynesian-Economics
You guys are essentially idealists and purists of child like simplicity. You have a belief in a Utopian Garden of Economic Eden. It is as impossible in reality as communism was. In fact, you do not have a single solid example of your Utopian economy to point to. That should say something about how ridiculous it is.
The deal is, Arnold, the more people act autonomously (while not criminally), the better things generally are; the more people follow and rely on system men, the worse.
Wow Arnold T.! That was amazing! So original…
“You guys are essentially idealists and purists of child like simplicity. You have a belief in a Utopian Garden of Economic Eden. It is as impossible in reality as communism was. In fact, you do not have a single solid example of your Utopian economy to point to. That should say something about how ridiculous it is.”
Somebody doesn’t understand the nature of economic science.
Putin styles himself as the savior of a lost empire, and in some ways he has helped saved the empire but most of the work was done via high oil prices in the 2000s, without which Russian GDP per cap would be on th same level with Ukraine. Still Keynesian economics has been attacked for a century and it’s still popular among economists while Hayek is popular among politicians and the common man.
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