Foreword / Gary North -- Preface -- Introduction -- Keynes, Vickers, and Van Til -- Neither capitalism nor socialism (maybe) -- The harmony of interests -- God's creation and capitalism -- Man's rebellion and socialism -- Antinomianism and autonomy -- Economic law -- Fiscal policy : disguised counterfeiting -- Say's Law -- Sovereignty and money -- Mumble, mumble -- The great unmentionable : unemployment -- The marginal propensity to confuse -- The Keynesian disaster -- Behold, our Savior! -- Conclusion.
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Text of Note
For about three decades, from the mid-1930s until the mid-1960s, the economic ideas of one man ruled the Western world : John Maynard Keynes. Even today, his aging disciples have only recently begun to retire from university teaching in sufficient numbers so as to allow a serious debate in economics to reappear after half a century in the better universities. Who is Douglas Vickers? He is an obscure economics professor who wrote two books defending Keynesian economics in the name of the Bible. These books never sold well, but they became briefly popular in the economics departments of several equally obscure Christian colleges. Baptized Inflation is a refutation of the writings of Douglas Vickers. But it is more than this. It is a Bible-based critique of the monstrous lies of Keynesian economics and written in clear language, unlike the books of Keynes and Vickers. It also sets forth the biblical case for the free market economy. - Back cover.