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Where Keynes Went Wrong: And Why World Governments Keep Creating Inflation, Bubbles, and Busts

Hunter Lewis, "Where Keynes Went Wrong: And Why World Governments Keep Creating Inflation, Bubbles, and Busts"
English | 2011 | ISBN-10: 1604190442 | EPUB, MOBI | 387 pages | 2,6 + 1,8 MB

In responding to the financial crash of 2008, both the Bush Administration and the Obama Administration have relied on prescriptions developed by John Maynard Keynes, the most important economist since Marx. But should we be relying on Keynes? What did Keynes actually say? Did he make his case? Hunter Lewis concludes that he did not. If Keynes was wrong then so are the economic policies of virtually all world governments today.

This important book fills a gap in the literature. It is an Austrian critique of Keynes that is concise and accessible to the general reader.
Keynes is a famously difficult writer to understand. While his ideas have achieved tremendous influence, most people have been exposed to them only by reading macroeconomics textbooks. Lewis writes, "Because few people have read Keynes, it is easy to be confused about what he said"

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Tags: Keynes, Governments, Creating, Inflation, Bubbles

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