Sudha R. Shenoy

Sudha Shenoy (1943–2008) was a lecturer in economic history at the University of Newcastle, Australia. She held visiting posts at California State University, Hayward; Ohio University, Athens; George Mason University; and the Mises Institute. She was the author of India: Progress or Poverty (London, IEA, 1971), Underdevelopment and Economic Growth (London: Longman, 1970), and articles in the South African Journal of Economic and Management Sciences and other journals, as well as book chapters. She is also the editor of A Tiger By the Tail: The Keynesian Legacy of Inflation by F.A. Hayek. See her interview in the Austrian Economics Newsletter.

Articles

Publications

Friedrich A. Hayek Sudha R. Shenoy
F.A. Hayek said that his biggest regret in a lifetime of writing was that he never wrote a book-length refutation of Keynesian economics. He seriously doubted that Keynesian style planning would ever captivate governments, so he focused on different

Media

Sudha R. Shenoy
If the current level of output and employment is made to depend on inflation, a slowing down in the pace of inflation will produce recessionary symptoms. Moreover, as the economy becomes adjusted to a particular rate of inflation, the rate must