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Refuting Keynesism

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pensfan341 posted on Tue, Oct 26 2010 8:38 PM

Hello,

I am new to this forum and am currently a senior majoring in economics in college. For my final paper I would like to expose some of the practical and theoretical flaws in Keynes (and more probably his supporters) economic messages.

 

I figured this forum would be a good place to start my research. If anyone has any suggestions or insight it would be appreciated.

 

Thanks

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what have you read so far?

Where there is no property there is no justice; a proposition as certain as any demonstration in Euclid

Fools! not to see that what they madly desire would be a calamity to them as no hands but their own could bring

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Here is an excellent critique of Keynesian theory by an Austrian economist:

Economics on Trial: Lies, Myths, and Realities by Mark Skousen

He critically examines the Keynesian models as taught on the undergraduate level and in the textbooks.  His text is also easy to read, as he discusses in laypersons language, but provides enough details an economics major would appreciate.

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