John Maynard Keynes: His System and Its Fallacies

Our new course is up! The lectures are ready to be streamed or downloaded. Check it out, and join us tomorrow (Wednesday) night for a special live Q&A session with the professor, the rising Austrian star GP Manish.

Here’s what the course looks like:

1. A Few Fundamental Economic Concepts
2. The Production Structure and the Order of Goods
3. The Calculation of GDP: The Income Method (Part 1)
4. The Calculation of GDP: The Income Method (Part 2)
5. The Calculation of GDP: The Expenditure and Output Methods
6. Inventories and the Measurement of GDP
7. The Conceptual Foundations of GDP Measurement
8. The Calculation of GDP with Durable Capital Goods
9. Depreciation and GDP
10. Nominal and Real GDP
11. The Circular Flow of Income and Expenditure: An Introduction
12. The Circular Flow with Durable Capital Goods
13. The Circular Flow with Inventories
14. Equilibrium and Disequilibrium Levels of GDP: An Introduction
15. Equilibrium and Disequilibrium Levels of GDP: Further Explorations
16. Price Rigidity, Price Flexibility and Equilibrium GDP
17. Keynes’ Theory of Consumption Expenditure: The Fundamental Principles
18. Keynes’ Theory of Consumption Expenditure: Implications for Equilibrium GDP
19. Consumption Expenditure and Equilibrium GDP with Durable Capital Goods
20. The Determinants of Investment Expenditure (Part 1)
21. The Determinants of Investment Expenditure (Part 2)
22. Aggregate Investment Expenditure and the Rate of Interest
23. Expectations and Investment Expenditure
24. The Demand for Money: An Introduction
25. The Speculative Demand for Money
26. Interest Rate Determination and the Level of Employment
27. Unemployment in the Keynesian System
28. The Keynesian Multiplier and Monetary and Fiscal Stimulus
29. Consumption Expenditure and Savings in the Keynesian System
30. The Role of Time in Production and the Maintenance of Capital: The Austrian Perspective
31. The Keynesian Denigration of Savings: A Critique (Part 1)
32. The Keynesian Denigration of Savings: A Critique (Part 2)

If you haven’t yet joined us, now’s a great time. Learn the history and economics they didn’t teach you, from professors you can trust, while driving your car. Plus, ask questions in our forums! Here’s more.