Friedman's polemical genius led him to embrace the language of his opponents (IS-LM and econometrics). His opponents were clueless about his - and George Stigler's - model of knowledge construction and destruction (Leeson, R. 2000. *The Eclipse of Keynesianism: The Political Economy of the Chicago Counter-Revolution* Palgrave Macmillan). 

With respect to C + I + G, see his 1948 "A Monetary and Fiscal Framework for Economic Stability." American Economic Review 38 (June): 245-64. This article should - and still could - form the basis of the Walrasian efficiency elimination of financial crises.

RL

----- Original Message -----
From: "Steve Kates" <[log in to unmask]>
To: [log in to unmask]
Sent: Wednesday, 9 April, 2014 2:40:48 PM
Subject: [SHOE] Critiques of Keynesian Economics and the Stimulus

I am doing some work on Keynesian economics in the period following the
Global Financial Crisis. It just may be that I do not know where to look
but I am having trouble finding articles of any kind criticising Keynesian
models and the theory behind public sector spending and the stimulus. Can
anyone help?



And as an additional query, although Mises, Hayek and Friedman are seen as
"anti-Keynesian" whatever that may mean, again there seems to be a dearth
of articles by them critical of Keynesian theory as it relates to public
sector spending and the stimulus. So again, can anyone help?



Responses both online and offline would be greatly appreciated.



Steve Kates
[log in to unmask]

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Dr Steven Kates
Associate Professor
School of Economics, Finance
    and Marketing
RMIT University
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