Saturday, May 4, 2013

The Truth about Keynes

  • Keynes' economic philosophy, Ferguson reportedly suggested, was the result of Keynes not caring about future generations.
  • Keynes didn't care about future generations, Ferguson reportedly suggested, because Keynes was gay and did not have children.
[Niall] Ferguson, who is the Laurence A. Tisch Professor of History at Harvard University, and author of The Great Degeneration: How Institutions Decay and Economies Die, says it's only logical that Keynes would take this selfish worldview because he was an "effete" member of society. Apparently, in Ferguson's world, if you are gay or childless, you cannot care about future generations nor society.


Read more: http://www.businessinsider.com/harvard-niall-ferguson-remarks-about-keynes-2013-5

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