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The Ludwig von Mises Institute

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Advancing the scholarship of liberty in the tradition of the Austrian School for 30 years

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Steven Kates

Steven Kates

Dr Steven Kates currently teaches economics at the RMIT University in Melbourne, but spent most of his working career as the Chief Economist for Australia’s national employer association, the Australian Chamber of Commerce and Industry. If he has a mission in life, it is to see Keynesian economic theory disappear from our textbooks and the return of the classical theory of the cycle as the guide to economic policy. He has written Free Market Economics: an Introduction for the General Reader (Edward Elgar 2011) which explains what economic theory looks like if the entrepreneur is placed at the centre of microeconomic analysis and in which Say’s Law is brought back as the core of macro.