http://mises.org/daily/5477/Hutts-Crushing-Blow-to-Keynes
Good article on how unemployment is good (and keynesian economics is bad).
Good article on how unemployment is good (and keynesian economics is bad).
There has been a trend since 2008 pushing Keynesian economics in a lot of books, the press, etc. I duuno, the ideas in it always seemed half baked vs the alternatives.http://mises.org/daily/5477/Hutts-Crushing-Blow-to-Keynes
Good article on how unemployment is good (and keynesian economics is bad).
http://mises.org/daily/5477/Hutts-Crushing-Blow-to-Keynes
Good article on how unemployment is good (and keynesian economics is bad).
There has been a trend since 2008 pushing Keynesian economics in a lot of books, the press, etc. I duuno, the ideas in it always seemed half baked vs the alternatives.
Seems like it could be interesting, but that article is ridiculously biased. It makes a ton of claims of which are never explained completely. There are probably parts of this man's theories which we should adopt, yet I tend to disagree with anyone who says there is a single correct way for economics, or any policy making for that matter. I believe societies must be consistently readjusting their policies.
Id say that trend has been going on a lot longer than 2008
Its an opinion, of course its biased. And I bet those claims are explained if you read the book that the article is about...
There has been a trend since 2008 pushing Keynesian economics in a lot of books, the press, etc. I duuno, the ideas in it always seemed half baked vs the alternatives.
I read a lot of textbooks. When I say pushing, I mean pushing. There is a difference between presenting a number of alternate methods and 'Keynes is God incarnate' tone of some more recent works.If you took a macroeconomics course in the last fifty years, you learned Keynesian economics.
If you took a macroeconomics course in the last fifty years, you learned Keynesian economics.
Sure, but that article does not make me want to buy the book.
Also, where can I find someone arguing against Hutt's theories?
I took macroeconomics about two years ago and it wasn't brought up at all.
Most books are synthesized style. It really depends on if things are presented as alternate theories, or if they give you one hard and fast rule.I took macroeconomics about two years ago and it wasn't brought up at all.