Tag Archives: Steve Kates

Steve Kates on Say’s Law and the Keynesian Revolution

September 7, 2015

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Jean-baptiste_Say

This is a podcast of me talking to Tom Woods about my first book Say’s Law and the Keynesian Revolution.  I think of it as the single most important economic issue of our time, because if we don’t finally work it out that Keynes got it completely wrong, we are going to create for ourselves a permanently lower standard of living and a widening underclass of the unemployed and under-employed.

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Elgar Debates: How to Promote a Global Economic Recovery? “It is pure fantasy to believe that anything but demand is the driving force of economic activity”

December 4, 2014

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bank run

What are the best economic policies to promote a global recovery?  Here, in the fourth letter of this debate, Louis-Philippe Rochon defends Keynesian theory and argues that austerity is causing great social as well as economic harm.

To follow this debate from the beginning, read Steve Kates’ first letter here.  Then read Louis-Philippe’s reply, and then Steve’s reply to Louis-Philippe.

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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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