1. Keynes over emphasized on full employment
2. Keynes theory of investment is said to be inadequate since it does not explain an overall efficiency to invest.
3. His ideas of liquidity and against speculators cannot be maintained today liquidity preference as a theory of interest is outdated.
4. He uses the concept of marginal propensity of capital in so many ways bringing out confusion.
6. Keynes ideas about state intervention are said to lead socialism.
5. He failed to refute J.B say’s law of “supply creates its own demand.”
7. He failed to overthrow the contention economics that the most frequent cause of unemployment is excess wage rates.
Dullayo answered the question on May 15, 2018 at 11:54
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