John Maynard Keynes claimed that the ultimate goal of human economic activity is consumption, and argued for policies aimed to maximize employment and GDP. Keynes’s critics were quick to argue that his proposed policies would prove either ineffective or poorly timed, but those critics ceded the terms of the debate – maximizing employment and GDP – to Keynes. They were wrong.
- Ludwig von Mises, "The Symptomatic Keynes," Economic Freedom and Interventionism, Chapter 30.
- Ludwig von Mises, "Professor Hutt on Keynesianism," Economic Freedom and Interventionism, Chapter 31.
- Murray N. Rothbard, "Keynesian Myths." Making Economic Sense, Chapter 11. Auburn, AL: Ludwig von Mises Institute. (1995).
- Murray N. Rothbard, "Keynesianism Redux." The Free Market. (January 1989).