fee.org/articles 2012 Mr. Keynes’s Aggregates Concealing the mechanisms of change. by Steven Horwitz One of F. A. Hayek’s most accurate, and oft-repeated, lines about John Maynard Keynes comes from a review of Keynes’s 1930 book, A Treatise on Money. Hayek wrote: “Mr. Keynes’ aggregates conceal the most fundamental mechanisms of change.” That Austrian macroeconomics … Continue reading AGGREGATES – Hayek on Keynes