There were also critical reviews of the GT by Schumpeter, Pigou, and Simons.

But there is the basic issue of* aggregate demand*. Since Pigou, Knight,
and Simons (I think) all supported fiscal stimulus in depressions one
wonders about how deep these criticisms were. Were we "just" witnessesing
controversies with the "aggregate demand family"?  I do not minimize the
importance of the purely theoretical issues but the fact that Keynesian
policy pre-dates Keynes's GT gives one pause, or should.

On Fri, Dec 2, 2011 at 10:05 AM, Doug Mackenzie <[log in to unmask]>wrote:

> Steve,
>
> Frank Knight reviewed the GTEIM.
>
>
> http://cafehayek.com/site/wp-content/uploads/2011/01/Frank-Knights-review-of-Keyness-General-Theory..pdf
>
> You did not mention Milton Friedman, though this may go without saying.
>
> Hayek's "critique" of Keynes GTEIM is a tricky matter
>
>
> http://econ.duke.edu/~bjc18/docs/Why%20Didn't%20Hayek%20Review%20General%20Theory.pdf
>
>
> D.W. MacKenzie, Ph.D.
> Carroll College, Helena MT
>
>
> --- On Thu, 12/1/11, Steve Kates <[log in to unmask]> wrote:
>
> > From: Steve Kates <[log in to unmask]>
> > Subject: [SHOE] Critics of Keynes and Keynesian Economics
> > To: [log in to unmask]
> > Date: Thursday, December 1, 2011, 10:45 PM
> > There seem to be no end of books and
> > articles praising Keynes and Keynesian economics and they
> > continue to be published.
> >
> > My question, however, is are there any books and articles
> > critical of Keynes and Keynesian economics? If so, where are
> > they and who are the leading authors today taking an
> > anti-Keynesian position? John Taylor, perhaps, or Alberto
> > Alesina which is not a long list of names.
> >
> > Indeed, who are the authors of the past 75 years who have
> > done major work in this area? I can think off hand of Mises,
> > Hayek, Hazlett and Hutt, but who else is there and what did
> > they write?
> >
> > The literature must surely be more extensive than this.
> >
> >
> >
> > Dr Steven Kates
> > School of Economics, Finance
> >     and Marketing
> > RMIT University
> > Level 12 / 239 Bourke Street
> > Melbourne Vic 3000
> >
> > Phone: (03) 9925 5878
> > Mobile: 042 7297 529
> >
>



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