Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Save to My Library
Look up keyword or section
Like this
8Activity

Table Of Contents

1. Canonization
2. Uses of Refutation
3. A Path-Breaking Pioneer?
4. The "General" Theory
2. Wage-Rates and Unemployment
3. No "General Level" of Wage-rates
4. "Non-Euclidean" Economics
KEYNES vs. SAY'S LAW
1. Keynes's "Greatest Achievement"
2. Ricardo's Statement
3. The Answer of Haberler
4. To Save Is to Spend
2. The Propensity to Consume
3. Derision of Thrift
"LABOR UNITS" AND "WAGE UNITS"
THE ROLE OF EXPECTATIONS
"STATICS" vs. "DYNAMICS"
Appendix on "User Cost"
INCOME, SAVING, AND INVESTMENT
1. Confusing Definitions
2. Why "Savings" Equals "Investment"
3. Saving as the Villain
5. Can Savings be Printed?
"THE PROPENSITY TO CONSUME": I
4. The Meaning of "Saving"
5. The Sinking-Fund Bogey
6. In a Nutshell
"THE PROPENSITY TO CONSUME": II
1. Reasons for Not Spending
2. The Fear of Thrift
"THE MULTIPLIER"
1. The Magic of It
2. Not Fixed or Predictable
3. "Saving" and "Investment" Again
5. Paradox and Pyramids
1. Slippery Terms
2. Interest Rates Embody Expectations
3. Effects of Expected Inflation
4. Does Lending Double the Risk?
1. The State of Confidence
2. Fictions About the Stock Market
3. Gambling, Speculation, Enterprise
"LIQUIDITY PREFERENCE"
1. No "Liquidity" Without Saving
2. Money is a Productive Asset
3. Interest Is Not Purely Monetary
THE THEORY OF INTEREST
1. An "Unsettled Problem"
2. Productivity Theories
3. Time-Preference Theories
4. Combined Interest Theories
5. Real Plus Monetary Factors
CONFUSIONS ABOUT CAPITAL
1. On Going Without Dinner
2. Saving, Investment, and Money Supply
3. Roundabout Production
4. Abundance Unlimited
"OWN RATES OF INTEREST"
2. Impossible Miracles
3. Ought Wages to be Rigid?
4. We Owe Our Lives to Saving
5. Keynes vs. Wicksell
6. "Equilibrium" of an Ice Cube
1. Economic Interrelationships
2. "Stable" Unemployment
3. The Demand for Labor is Elastic
UNEMPLOYMENT AND WAGE-RATES
2. Wage-Rates Are Not Wage Income
3. "Elasticity" of Demand for Labor
6. Inflation vs. Piecemeal Adjustment
7. A Class Theory of Unemployment
1. "Costs" are Prices
2. The Positive Theory of Money
3. What Theory of Prices!
8. Those Arbitrary Moneylenders
3. The Life of Durable Assets
4. A Policy of Perpetual Inflation
5. More Carts Before Horses
6. Sun-Spots Before the Eyes
1. "Let Goods be Homespun"
3. Wise Mercantilists, Stupid Economists
5. Canonization of the Cranks
7. The Contribution of Mill
8. J. A. Hob son and Major Douglas
1. Inequalities of Income
2. The Euthanasia of the Rentier
3. Robbing the Productive
4. The Socialization of Investment
5. The "Economic Causes of War"
6. The Power of Ideas
1. "The Classical Medicine"
2. The Underlying Contradictions
"FULL EMPLOYMENT" AS THE GOAL
I. Is It Definable?
A NOTE ON BOOKS
APPENDIX B1
APPENDIX C1
APPENDIX D
INDEX
0 of .
Results for:
No results containing your search query
P. 1
Failure of the 'New Economics' (Henry Hazlitt)

Failure of the 'New Economics' (Henry Hazlitt)

Ratings: (0)|Views: 209 |Likes:
Published by BookCrave
Henry Hazlitt did the seemingly impossible, something that was and is a magnificent service to all people everywhere. He wrote a line-by-line commentary and refutation of one of the most destructive, fallacious, and convoluted books of the century. The target here is John Maynard Keynes’s General Theory, the book that appeared in 1936 and swept all before it. http://bookcrave.com/failure-of-the-new-economics
Henry Hazlitt did the seemingly impossible, something that was and is a magnificent service to all people everywhere. He wrote a line-by-line commentary and refutation of one of the most destructive, fallacious, and convoluted books of the century. The target here is John Maynard Keynes’s General Theory, the book that appeared in 1936 and swept all before it. http://bookcrave.com/failure-of-the-new-economics

More info:

Published by: BookCrave on May 15, 2011
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

01/07/2013

pdf

text

original

You're Reading a Free Preview
Pages 10 to 69 are not shown in this preview.
You're Reading a Free Preview
Pages 79 to 100 are not shown in this preview.
You're Reading a Free Preview
Pages 110 to 283 are not shown in this preview.
You're Reading a Free Preview
Pages 293 to 300 are not shown in this preview.
You're Reading a Free Preview
Pages 310 to 472 are not shown in this preview.

Activity (8)

You've already reviewed this. Edit your review.
1 hundred reads
1 thousand reads
amudaryo liked this
dave_765 liked this
PATXITM liked this
chandra-calgary liked this

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->