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4.3
8 reviewsYet Keynes was a fantast whose highest ideals centered around a contemplative hedonistic life. His interest in economics was due to his desire to abolish the economy and the active virtues, especially prudence and courage and their social counterparts. As soon as this "religion" is rejected, Keynes' theories are exploded.
Part I of this book refutes General Theory and presents a vision of the market process, entrepreneurship, employment, interest, money, and the business cycle.
Part II examines textbook Keynesianism, IS-LM, alternative theories of business cycles, and related issues.
Summa is a definitive demolition of the Keynesian school and should be grappled with by all economists.
