A Comparison of Keynesian , Austrian, and Monetarist theories on Inflation and the Business Cycle. Elizabeth Dalzen University of Wisconsin—Superior. Outline. Keynesian Theories Money Illusion/“Animal spirits” Keynes on Say’s Law Liquidity Trap Non- keynesian Austrian economics
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
University of Wisconsin—Superior
*Keynes, The General Theory of Employment, Interest, and Money
**Keynes, A Tract on Monetary Reform
*Rothbard, Economic Depressions: Their Cause and Cure
Also has roots in classical economics
Disagree with both Keynesians and Austrians on inflation and the business cycle