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Steven Kates

Works Published inSpeeches and PresentationsMises Daily ArticleQuarterly Journal of Austrian Economics

Dr Steven Kates currently teaches economics at the RMIT University in Melbourne, but spent most of his working career as the Chief Economist for Australia’s national employer association, the Australian Chamber of Commerce and Industry. If he has a mission in life, it is to see Keynesian economic theory disappear from our textbooks and the return of the classical theory of the cycle as the guide to economic policy. He has written Free Market Economics: an Introduction for the General Reader (Edward Elgar 2011) which explains what economic theory looks like if the entrepreneur is placed at the centre of microeconomic analysis and in which Say’s Law is brought back as the core of macro.

All Works

Why Keynesian Concepts Cannot Be Used to Explain Pre-Keynesian Economic Thought: A Reader’s Guide to Classical Economic Theory

11/10/2014Quarterly Journal of Austrian Economics
This note is built around five issues that center on the damage to economic theory caused by Keynes and his General Theory .
Formats

QJAE_17_3_Kates.pdf

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The Errors of Keynes's Critics

Other Schools of Thought

03/06/2013Mises Daily Articles
Demand is constituted by supply; according to Say’s Law, supply <strong>is</strong> demand. If you want to get to the essence of Say’s Law you must never think in terms of aggregate demand and aggregate supply. If you want to defeat Keynesian economics, you need to wage war...

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Why Your Grandfather’s Economics Was Better Than Yours

03/14/2010Audio/Video
The Ludwig von Mises Memorial Lecture. Recorded March 13, 2010, at the Ludwig von Mises Institute in Auburn, Alabama. Includes an introduction by Joseph T. Salerno.

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Top-Ten Economists: One View

Biographies

12/21/1999Mises Daily Articles
Mises and Hayek make the list as published in the Canberra Times .

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Why Your Grandfather's Economics Was Better than Yours: On the Catastrophic Disappearance of Say's Law

Production TheoryValue and Exchange

07/30/2014Quarterly Journal of Austrian Economics
Macroeconomics replaced the classical theory of the cycle in the 1930s and has been Keynesian ever since. No metaphorical statement on the death of Keynes or of Keynesian economics
Formats

qjae13_4_1.pdf

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