Critics of Keynesian Economics

By Henry Hazlitt

Book Overview

This volume, originally published in 1960 by Arlington House, contains the most impressive collection of essays criticizing Lord Keynes's General Theory ever assembled in book form. The editor has added a new introduction and preface to this volume. An outstanding anthology which includes a number of important essays otherwise hard or impossible to find in English.

• Format: Paperback
• Language: English
• ISBN: 0819136670
• ISBN13: 9780819136671
• Release Date: October 1983
• Publisher: University Press of America, Incorporated
• Length: 438 Pages
• Weight: 1.05 lbs.
• Dimensions: 9.0" x 1.0" x 6.0"

Customer Reviews

A fundamental book for all students of economics!

This simply cannot be over-stated: this book is fundamental for all students of economics. It debunks Keynes and show just how completely absurd his thinking is, often bordering on mysticism and magic ("Inflation can turn stones into break"). The previous review that claims that the critics of Keynes didn't understand his mathematical model would be funny if it wasn't so sad to imagine anyone would be so much in love with an absurd theory as to look for desperate ways to defend it. Among the critics, there are some of the best economists of the 20th century, including Nobel Price winner Friedrich von Hayek, hardly people who would find it challenging to understand Keynes' math. Besides, this just proves another point: if an economic theory cannot be put into clear and concise words, the best math in the world won't save it. Nonsense is still nonsense even when it tries to hide in complex formulas. Of course math cannot contradict logic and Keynes theories were extremely illogical, which is exactly what this book proves beyond any doubt.