What's Wrong with Keynesian Economic Theory?

What's Wrong with Keynesian Economic Theory?

by Steven Kates (Editor)

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Product Details

ISBN-13: 9781785363757
Publisher: Elgar, Edward Publishing, Inc.
Publication date: 08/16/2016
Edition description: New Edition
Pages: 288
Product dimensions: 6.10(w) x 9.10(h) x 0.70(d)

About the Author

Edited by Steven Kates, Associate Professor of Economics, School of Economics, Finance and Marketing, RMIT University, Melbourne, Australia

Table of Contents



1. The Keynesian Liquidity Trap: An Austrian Critique

Peter Boettke and Patrick Newman

2. What the Entrepreneurial Problem Reveals about Keynesian Macroeconomics

Per L. Bylund

3. A Critique of Two Key Concepts in Keynesian Textbooks

Tim Congdon

4. The Misdirection of Keynesian Aggregates for Understanding Monetary and Cyclical Processes

Richard M. Ebeling

5. Cycles and Slumps in an Overly Aggregated Theoretical Framework

Roger W. Garrison

6. The Problems with Keynesianism: A View from Austrian Capital Theory

Steven Horwitz

7. The Dangers of Keynesian Economics

Steven Kates

8. The Problem of Keynesian Aggregation

Arnold Kling

9. What’s Wrong with Keynesian Economists?

Arthur B. Laffer

10. Capital, Saving and Employment

George Reisman

11. What’s Wrong With Keynesian Economics?

David Simpson

12. Move Over Keynes: Replacing Keynesianism with a Better Model

Mark Skousen

13. The Conclusive Fault Line in Keynesian Economics

Peter Smith


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