Liberty vs. Leviathan

Chronicling Liberty's battle against Leviathan

Recent Read: Where Keynes Went Wrong

Where Keynes Went Wrong: And Why World Governments Keep Creating Inflation, Bubbles, and Busts, Hunter Lewis

A well done and much needed book. Some reviewers have noted the unconventional layout, and it is, but there’s a method to the madness. Keynes’s General Theory is a difficult read and very disorganized. In his The Failure of the ‘New Economics, Hazlitt critiques Keynes line by line. Lewis on the other hand critiques Keynes by topic. To do so he pulls excerpts from various sections and weaves them into a thread of thought, not an easy task given the material he has to work with but he does an excellent job.

In addition to the tenets of Keynes, Lewis also offers chapters of digression that 1) provide case studies demonstrating how Keynesian economics feeds the growth of government and 2) delve into Keynes’s personal lifestyle and philosophy.

Overall, an excellent explanation and critique of Keynes for anyone wanting to be more familiar with the economic school of thought that’s destroying both the American and global economies.


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March 2010
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