Monday, July 5, 2010

Henry Simons on Keynes' "General Theory"

Richard Ebeling emails:

Dear Bob:

One of the "forgotten" reviews of Keynes' "General Theory" seems to be Henry Simons' piece on it that appeared in "The Christian Century" (July 22, 1936). It is not reprinted in the collection of Simons'
essays, "Economics of the Free Society." Nor is it reprinted in Henry Hazlitt's edited collection, "The Critics of Keynesian Economics."

Henry Simons was one of the leading members of the "older" Chicago School of Economics in the 1930s and 1940s. et, it is one of the sharpest and most critical reviews of the book, equal in tone (and nastiness!) to the one that Joseph A. Schumpeter penned, and which is reprinted in Schumpeter's "Essays" edited by
Richard V. Clemence in 1951 (pp. 160-164).

I am enclosing it as a pdf for your "pleasure."


Simons' review is here.


  1. The link does not work. (you probably need to share the doc and post the shared link).

  2. Wenzel,

    I can't get into the doc, I am not sure if it's just me or if you didn't host it on GDocs properly.

  3. The link to the article prompts us for a username and password.

  4. Thanks for the update guys. I am travelling and my lap top crashed, so I am using the hotel's computer which is not giving me full functionality--which is the problem.

    I hope to be back in full operation later today.

  5. It should be working now. Please let me know, if there still is a problem.

  6. I am actually curious about this. I checked out the link of Google Doc. It is working now.