J.M.KEYNES: AN EMPEROR WITHOUT CLOTHES (ONE NON-ECONOMIST'S VIEW OF ANOTHER) |
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Authors: | Terry Arthur |
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Institution: | An actuary working as an independent director of several financial institutions and a freelance writer and speaker. |
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Abstract: | Central bank policy causes economic dislocation and recession. Keynes's work assumes away much of what is important in economic analysis. As a result, Keynesian conclusions on how to deal with recessions are wrong. |
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