Liberty Under God
IS THE SOLUTION TO THE PROBLEM OF
Keynesianism

• Repudiate Keynesianism

"It was a neat theory, and it captivated two generations of economists, especially those who rather liked the idea of a strong central government. Even Richard Nixon, who claimed not to be a fan of big government, was moved to say, 'We are all Keynesians now.'"
We were all Keynesians -- then - Forbes.com

"Nevertheless the theory of output as a whole, which is what the following book purports to provide, is much more easily adapted to the conditions of a totalitarian state, than is the theory of the production and distribution of a given output produced under conditions of free competition and a large measure of laissez-faire."
Preface, The General Theory of Employment, Interest, and Money, by John Maynard Keynes

• Stones into Bread: The Keynesian Miracle | Ludwig von Mises
• The Misesian Case against Keynes | Hans-Hermann Hoppe
• George Reisman:
  • 1. Falling Prices are not Deflation, but the Antidote to Deflation
  • 2a. Economic Recovery Requires Capital Accumulation, not Government “Stimulus Packages” Part a
  • 2b. Economic Recovery Requires Capital Accumulation, not Government “Stimulus Packages” - Part b
  • 3. Standing Keynesianism on Its Head: as Employment Increases in Response to a Fall in Wage Rates, the Rate of Profit Rises, Not Falls
• Keynes | mises.org
• The Keynes Project: A Critical Analysis of the Economics of John Maynard Keynes from an Austrian School Perspective
• Return here at any time: www.KeynesProject.com
• Refuting Keynes, Line-by-Line | Gary North
• Four Mental Images That Immunize Sensible People -- But Not Economists -- Against Keynesian Economics
• A Free Study Guide to Henry Hazlitt's Failure of the New Economics, the Classic Critique of Keynes General Theory
• Spotlight on Keynesian Economics | Murray N. Rothbard
• A Waning Faith in Government | Gary North
  A change has taken place inside the electorate since 2008. This change will have significant effects, beginning this November. . . . keep reading
• What Happens to the Banks if the Federal Reserve Refuses to Inflate? |  Gary North
  Site members think the banks will take losses if the FED ever ceases to inflate. Are they correct? . . . keep reading
• Keynes and His Influence: The Untold Story of the Triumph of Keynesian Economics  | Gary North
  The textbook accounts of the triumph of Keynes have concealed the real story. . . . keep reading
• Selling Keynes Short  | Gary North
  I'm looking for a few good non-tenured economists to volunteer for a high-risk mission. . . . keep reading
• Suggestions for Research Topics on Keynes  | Gary North
  To refute Keynes, scholars must come at him from several perspectives. Here is a possible list. . . . keep reading
• Video: Hayek Explains Why He Did Not Challenge Keynes After 1935 -- A Catastrophic Decision  | Gary North
  In this video, Hayek offers an explanation for what became his greatest career error, and one that has cost the world dearly. . . . keep reading
• Four Mental Images That Immunize Sensible People -- But Not Economists -- Against Keynesian Economics  | Gary North
  To challenge a position, look for its bedrock presupposition; then hammer it until the listener either stops listening or accepts that it's wrong. Use imagery whenever possible. . . . keep reading
• Where to Get Started in Analyzing Keynes' General Theory  | Gary North
  If you decide to get involved with the Keynes Project, here are some basic materials to read. . . . keep reading
• Stephen Walt's Media Strategy for Grabbing an Academic Third Rail  | Gary North
  For academic employees who stir up controversy on a major no-no, this veteran of the media wars has a ten-part strategy. . . . keep reading
• Keynesianism Redux - Murray Rothbard

"In the long run we're all dead" — John Maynard Keynes

• deficits
• spending

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