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

Replay
Download 3rd Edition Buy
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.

November 12, 2018
Capitalism Eliminates the Proletarians

In any reasonably free and advanced capitalist society, there are no “proletarians” at all. There is only a small class of lumpen-proletarians — the underclass consisting of criminals, addicts such as alcoholics and unlucky compulsive gamblers, the personally vicious, psychopathic … Read more »

October 23, 2018
NAP Requires a Theory of Property and Justice

Otherwise, the non-aggression principle is entirely formal and lacks any content. It presupposes a theory of violence which in turn requires a theory of property and its just and unjust possession and ways of acquisition. Suppose one says: nobody has … Read more »

October 23, 2018
Tar and Feather the Politicians?

David Friedman has authored a penetrating article on how game theory can help escape the Hobbesian jungle. In it he uses the notion of Schelling points to make his case. A Schelling point is (in a game) a unique choice … Read more »

November 12, 2018

Imagine you have a faithful servant who assists you with numerous tasks in your life. At one point the government passes a law forbidding servants to do some X. You don’t care; your liberty is unaffected; it’s the servant who … Read more »

November 12, 2018

The coming gun control push will keep the Second Amendment safely in place, and is unlikely seriously to inconvenience individual gun owners. As with all such measures, it will be enacted via government interference with business. Guns will be step … Read more »

November 12, 2018

Remember David Hogg, the alleged school shooting witness turned gun control activist? It’s old news of course, but it always amused me how he and his fellow inmates essentially complained how the rules and regulations within their already zero-tolerance prison-schools … Read more »

November 12, 2018

If we leave the subject of the few spectacular mass shootings per year and consider violent crime in general, then the picture becomes different. For example, whites prefer to murder other whites; 90% of victims of white murderers are themselves … Read more »

November 11, 2018

The regular mass shootings in the US cannot be helped by “gun control,” though they will be made worse by it, what with the Dems now in charge. The fact is that America is the most diverse nation in the … Read more »

2006-2004

Sowell's Draft Fantasies
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.

Reply to Sowell on 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.

Reply to Hanson on Hiroshima
Reconsider your collectivism, Victor.

2003 and Earlier

Right-Opportunism
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?
I have no idea!

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 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
Pax Americana, shmax Americana.

Understanding the Blessed Trinity
Holy, holy, holy.

2006 and Earlier

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.

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

A Religion of Death
Beetles of the world, unite!

2003 and Earlier

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.

 Subscribe with RSS

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

I am not on social media, but you can send me mail, comment on the blogs, or post in the forums.