Where Keynes Went Wrong: And Why World Governments Keep Creating Inflation, Bubbles, and Busts
By Hunter Lewis
Hunter Lewis is the author of six books in the related fields of economics and values, as well as numerous magazine, newspaper, and online articles. His much-praised book Are the Rich Necessary? was called "highly provocative and highly pleasurable" by the New York Times, "great reading" by Publishers Weekly, and "worth reading aloud on a family vacation" by Barron’s. A graduate of Harvard University, Lewis co-founded Cambridge Associates, LLC, a global investment firm whose clients include leading research universities, charitable organizations, and families. He has served on boards and committees of fifteen not-for-profit organizations, including environmental, teaching, research, and cultural organizations, as well as the World Bank.
In responding to the financial crash of 2008, both the Bush Administration and the Obama Administration have relied on prescriptions developed by John Maynard Keynes, the most important economist since Marx. But should we be relying on Keynes? What did Keynes actually say? Did he make his case? Hunter Lewis concludes that he did not. If Keynes was wrong then so are the economic policies of virtually all world governments today.
Now with linked endnotes and index.
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