Dissent on Keynes: A Critical Appraisal of Keynesian Economics book pdf download

Author: Mark Skousen

About the Author: Mark Andrew Skousen is an American economist and writer. He currently teaches at Chapman University, where he is a Presidential Fellow at The George L. Argyros School of Business and Economics. He has previously taught at Columbia Business School, Mercy College, Barnard College, and Rollins College. Skousen was an economic analyst for the CIA from 1972 to 1975.He later worked as a consultant for IBM and Hutchinson Technology, and other companies. He was a columnist for Forbes magazine from 1997 to 2001, and has contributed articles to The Wall Street Journal as well as to various libertarian periodicals. He has been a speaker at investment conferences and has lectured for think tanks, From 2008 to 2010 he was a weekly contributor on CNBC’s Kudlow & Company and has also appeared on C-SPAN Book TV and Fox News. Skousen is a proponent of Gross Output (GO), an economic concept used to measure total economic activity in the production of new goods and services in an accounting period. Skousen highlighted the concept in his work, The Structure of Production in 1990.

Dissent on Keynes: A Critical Appraisal of Keynesian Economics book pdf download By Mark 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. The contributors of this volume analyze the main tenets of Keynesianism–the multiplier and accelerator, the Phillips curve, the paradox of thrift, Keynesian development theory, progressive taxation, deficit spending and countercyclical demand policy, and post-Keynesianism. They demonstrate that it represents not only bad economic policy but bad economic theory, fraught with fallacies and errors. The work also offers a revisionist view of Keynes, the man, both as an economist and an investor.

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