Professor Manish,
It has always seemed to me that Hazlitt’s Failure of the New Economics is a brilliant and comprehensive refutation of Keynes. For that reason, it struck me as odd to see that Roger Garrison, in the preface to Time and Money, expresses such a negative view of the book (he says that Hazlitt was a hostile and unreceptive eavesdropper, or something like that). I found this especially strange because Time and Money is itself another brilliant Austrian refutation of Keynes!
So my question is: what is your view of Hazlitt’s book? Do you have any idea what Garrison might have found objectionable, and to your knowledge, do other leading contemporary Austrians share these reservations about Hazlitt’s book?
Thank you as always for your time.
