In a world, where men kill each other to stay “fully employed”…

in a dystopian present, in which they build evil empires on taxes and debt…

a new hope against government coercion and deception was about to take root.

Dmitry A. Chernikov presents
Summa Against
the Keynesians

A Treatise on Economics

3rd Revised Edition

In which I get medieval on Keynes’ ass.

Do I have the arcane analytical skills and cunning rivaling that of Mises himself?
Read the book to find out!

Summa Against
the Keynesians

A Treatise on Economics


Download 3rd Edition Buy


About the BookAbout the Book
Selected Articles
Everything ElseEverything Else
Some LettersSome Letters
Select a topic
“Keynesism is Marxism lite…” Such is the inescapable conclusion of the more than 100 chapters in this Summa on numerous things Keynesian, Austrian, and economic.

Come partake of an exciting yet rigorous and eye-opening excursion into the intricacies of systematic economic theory and policy with Dmitry A. Chernikov who has been mastering economics and the Austrian school for many years under the tutelage of Mises, Rothbard, Hayek, and other luminaries and is a graduate of Mises University. You will enjoy this exquisite blend of economics and philosophy, zooming all the way out for a view of the universe as a whole and focusing on the tiniest of details. This book is an application of sound economic logic to Keynes and his school and is a result of years of meditation on economic problems.

Book I begins with a thorough guide to Keynes’ General Theory. Keynes’ arguments are given the most charitable interpretations; at the same time his many errors are with no qualms pinpointed and exposed. This process is punctuated with several forays into philosophy and methodology in order to situate economics within the big picture. These prepare a ground for and enlighten the reader’s encounter with a treatment in the Austrian tradition of labor and unemployment, the time factor of production and time preferences, uncertainty and risk preferences, interest rates, rates of confidence, profits and losses, entrepreneurship, consumption / investment / hoarding trade-offs, and the theory of business cycles.

Book II goes into detail on various mainstream and Post Keynesian doctrines and alternatives to the Austrian approach, especially regarding the business cycle and the monetary and fiscal policies.

 Subscribe with RSS

5. On Socialist Calculation, II
May 8, 2012
4. What Is Economic Efficiency?
April 10, 2012
3. Action vs. Inaction
March 30, 2012
2. On Socialist Calculation, I
March 29, 2012
1. Killing and Letting Die
March 27, 2012


Draft Sowell
A sad transformation of a great man.

Attaining Both Security and Liberty
On the non-existent trade-off.

Whose Foreign Policy?
Let each person decide for himself.

Drug War, What Is It Good For?
A review of Drug Crazy with commentary.

The Sins of the Rulers
On Ezekiel and the judgment against a great commercial power that made war.

Soviet California
No universal preschool, please.

Even Chickens Would Benefit
From a libertarian society. A postscript.

Ideology and Social Evolution
A comparison of Rothbard and Hayek. To what extent are social institutions designed from the top down and to what extent are they self-generated?

A Government Press Release
Mostly ignored by the mainstream media.

Sowell and His Efficient Police State
"But for the inefficiency of the law-givers and the laxity, carelessness, and corruption of many of the functionaries, the last vestiges of the market economy would have long since disappeared."

Our Sicko Prisons
The problems with prison rape as punishment.

Hanson on Hiroshima
Reconsider your collectivism, Victor.

2003 and Older

The dubious wisdom of "practical men."

Can War Be Just?
Warfare, spiritual and otherwise.

The Errors of War
Destroying evil and other silliness.

Democracy, or Who Made You King?
Who, indeed.

The Military Myth
There are millions of Communists in America. (You could be one of them.) What is the nature of their insidious plot?

Reply to Bob Murphy on Pacifism
Best kept secret or fragility of the spirit?

Wheels within Wheels
Evaluating conspiracy theories.

People Wanted
Steven Landsburg's paradoxes resolved.

The Menagerie of Happy Men
All is quiet in Baghdad.

Memo To: Jude "Saruman" Wanniski
Give the government more power to do good by squelching things, this anti-war crusader says.

Was Christ's Sacrifice Real?
Some atheists doubt it; I argue otherwise.

The Body and Theodicy
On the connection between the two.

Is Israel Special?
Not anymore.

Understanding the Salvation History
Slaves, mercenaries, children of God.

The C.S. Lewis's Trilemma
Neither a liar nor a lunatic.

Understanding the Blessed Trinity
Holy, holy, holy.

Kent State University College Libertarians
Our manifesto, when I was founding this organization in 2007.

A Religion of Death
Beetles of the world, unite!

To Ted Rall
Is that guy for real?

To WSJ on Sanctions
What works and what doesn't.

To David Gordon
On atheism, Ayn Rand, etc.

To Paul Gottfried
Oldie but goodie. Thanks for the encouragement! Also see Gottfried's archive.

To Michael Bloomberg
Sent one month before the September 11 attack. Here is Bloomberg's reply.

November 22, 2015
Repairing Windows 10 Built-In Apps

After upgrading to Windows 10 1511 my Groove Music stopped working; it would open and close immediately. If you are experiencing a similar problem, here’s how to solve it. 1. First, uninstall Groove as follows. Run PowerShell as an administrator. … Read more »

November 16, 2015
Toward a Decent Cosmological Argument

The essence of a thing is a full description of it in its particularity. It is complete information, exhaustive dossier on it. Now information is first and foremost in the mind. For the cup on my desk, for example, the … Read more »

November 11, 2015
Re: Open Borders: A Libertarian Reappraisal

I understand Lew Rockwell’s anti-immigration argument as follows: If all land and property, including roads, etc., in the US were privately owned, then it would be the case that in fact these private property owners would exclude most of the … Read more »

View all
Dmitry is an economist and philosopher.

He received his BS in Computer Science in 1997 and MA in Philosophy in 2009 from Kent State University. He has spent many years contemplating economic problems. His teachers include Thomas Aquinas, Ludwig von Mises, Murray Rothbard, and David Keirsey.

Dmitry lives in Akron, Ohio.

All articles and his blog and forums posts are Creative Commons Copyright Attribution 4.0 International (CC BY 4.0).

Send him mail