The Failure of The New Economics - Overview

Overview

Hazlitt's work represents the most detailed critical analysis of The General Theory ever undertaken from an Austrian perspective. Hazlitt embarked on this project because, in his view, although general critiques of Keynes and The General Theory had been made, no critic had completed a detailed, paragraph-by-paragraph, analysis of the work and accordingly followers of Keynes could argue that previous critiques were shallow and did not indicate an understanding of Keynes' revolutionary ideas.

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