Keynesian Ethics

David Reisman

Chapter 11 in James Buchanan, 2015, pp 156-171 from Palgrave Macmillan

Abstract: Abstract The rules are leaking externalities. The politicians are self-seeking. The bureaucrats are self-promoting. Accompanying the laws and magnifying the lawmakers there are the economists. Keynesian economics is unethical economics. It has been a further cause of the failed society in which license reigns supreme and only moral anarchy dares to go out after dark.

Keywords: Public Choice; Full Employment; Balance Budget; Phillips Curve; Monetary Expansion (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:gtechp:978-1-137-42718-2_11

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DOI: 10.1057/9781137427182_11

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