Tag Archives: anti-Keynesian

Elgar Debates: How to Promote a Global Economic Recovery? The Keynesian vs. Free Market approach

November 13, 2014

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GrantKeynes

What are the best economic policies to promote global recovery?  In the first of a series of exchanges, Steven Kates, Associate Professor of Economics at RMIT University, tries to persuade Louis-Philippe Rochon, Associate Professor at Laurentian University and Founding Co-editor of the Review of Keynesian Economics, that Keynesian theory just makes economic problems worse.

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Free Markets, Say’s Law and the Failure of Keynesian Economics – by Steven Kates

November 28, 2012

22 Comments

Photo: Mark Wainwright, Creative Commons 2.0

How can we return the economy from the midst of recession to rapid rates of growth? Steven Kates explains why adopting Kenynesian policy is doomed to failure, and instead advocates classical theory based on a proper understanding of Say’s Law.

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