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The Keynesian Episode: A Reassessment
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The Keynesian Episode: A Reassessment Hardcover - 1980

by W. H. Hutt


From the publisher

The late W. H. Hutt was a preeminent and persistent critic of the economic theories of John Maynard Keynes. In The Keynesian Episode, he presents a comprehensive review of Keynes's General Theory, including the finest critique to date of the Acceleration Principle. He questions the very legitimacy of Keynes's fundamental epistemology.

In Hutt's discussion of economics there is a refreshing emphasis on the vital importance of the market price system as a coordinating process. As Dr. Hutt wrote: "The intellectual developments for which Keynes's General Theory appeared to be responsible had caused a setback to scientific thinking about human economic relations at a crucial epoch. Keynes tried to find in the factors determining the value of the money unit the genesis of output and income. . . . He linked monetary theory to the economic world only through unsatisfactory concepts such as employment, income, and effective demand."

In this unsparing analysis of the theories of John Maynard Keynes, W. H. Hutt explains why Keynes's ideas attracted both practical politicians and ardent academics and why they do not square with the logic of long-accepted laws of economics. Professor Hutt outlines methods by which modern economies can extricate themselves from the disasters into which Keynesian theory has plunged them.

Details

  • Title The Keynesian Episode: A Reassessment
  • Author W. H. Hutt
  • Binding Hardcover
  • Edition 1st Edition
  • Language ENG
  • Publisher Liberty Fund Inc, Indianapolis
  • Date 1980-07
  • ISBN 9780913966600
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KEYNESIAN EPISODE, THE
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KEYNESIAN EPISODE, THE

by HUTT, W H

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The Keynesian Episode: A Reassessment

by Hutt, W. H.

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KEYNESIAN EPISODE, THE
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KEYNESIAN EPISODE, THE

by W H HUTT

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The Keynesian Episode: A Reassessment
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The Keynesian Episode: A Reassessment

by Hutt, W. H

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THE KEYNESIAN EPISODE. A REASSESSMENT.

THE KEYNESIAN EPISODE. A REASSESSMENT.

by Hutt, W. H.

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Liberty Press, Indianapolis.. Very Good in Very Good dust jacket. 1979. First Edition; First Printing. Hardcover. 0913966606 . First Edition hardcover. Professor W. H. Hutt, re-examines the economic theory of John Maynard Keynes. Dr. Hutt examines all aspects of the Keynesian Economic theory, discussing the weaknesses and failures. 449 pages, index. Dust jacket has wear at edges and folds, but is whole. Dust jacket and book are in Very Good condition. No names, writing, or marks. ; Standard Book Size. .
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The Keynesian Episode: A Reassessment

by Hutt, W. H

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