Opinion of John Maynard Keynes

[The world will shine with light in our nightmare]

Opinion of John Maynard Keynes

[Antonio the Sixth]

Unquestionably the greatest economist of the 20th century.

[tpfkaw]

[Jews] have in them deep-rooted instincts that are antagonistic and therefore repulsive to the European, and their presence among us is a living example of the insurmountable difficulties that exist in merging race characteristics, in making cats love dogs

...

It is not agreeable to see civilization so under the ugly thumbs of its impure Jews who have all the money and the power and brains.

-John Maynard Keynes

[H. Ross Peron]

FF

[Atlas Has Shrugged]

Mega HP.

Unquestionably the greatest most awful economist of the 20th century.

[Hatman 🍁]

So the best the libertarians can come up with are a couple of anti-Semitic lines? Weren't most people anti-Semitic back then? I thought you guys had legitimate attacks against you know, his economic theories.

[DC Al Fine]

So the best the libertarians can come up with are a couple of anti-Semitic lines? Weren't most people anti-Semitic back then? I thought you guys had legitimate attacks against you know, his economic theories.

My main criticism is that his solution to most macroeconomic problems requires politicians to have their act together. It seems horribly optimistic.

[© tweed]

So the best the libertarians can come up with are a couple of anti-Semitic lines? Weren't most people anti-Semitic back then? I thought you guys had legitimate attacks against you know, his economic theories.

My main criticism is that his solution to most macroeconomic problems requires politicians to have their act together. It seems horribly optimistic.

or, at least, to be neutral arbiters, along the lines of Plato's philosopher kings.  here is where the Marxian analysis of the state as a mediator of class conflict is superior. 

[Atlas Has Shrugged]

So the best the libertarians can come up with are a couple of anti-Semitic lines? Weren't most people anti-Semitic back then? I thought you guys had legitimate attacks against you know, his economic theories.

But God forbid when a libertarian is anti-semitic. Then, all of the sudden, everyone from that era is NOT anti-semite.

[Hatman 🍁]

So the best the libertarians can come up with are a couple of anti-Semitic lines? Weren't most people anti-Semitic back then? I thought you guys had legitimate attacks against you know, his economic theories.

But God forbid when a libertarian is anti-semitic. Then, all of the sudden, everyone from that era is NOT anti-semite.

So, two wrongs make a right then? Gotchya.

[Down the Gurney]

So the best the libertarians can come up with are a couple of anti-Semitic lines? Weren't most people anti-Semitic back then? I thought you guys had legitimate attacks against you know, his economic theories.

My main criticism is that his solution to most macroeconomic problems requires politicians to have their act together. It seems horribly optimistic.

While I certainly agree with you that Keynes has major flaws, I think that you could pin that criticism on all economic ideologies. For example,  Libertarianism requires that politicians and companies don't decide that doing buisness with the government and the Fed is more lucrative than doing buisness with the private sector, as they do now.
As for Keyenes, his economics are generally outdated. The central problem is that with government spending so high in most Western nations, the amount of money, even with the multiplier effect, that is needed to truely whack the economy into shape is so high that it is politically and socially impossible to obtain it without resorting to other, more odious means (i.e. printing money).
Just another reason to prefer Friedman.

[traininthedistance]

Just another reason to prefer Friedman.

I think that Friedman, were he alive today and looking at things with a truly unbiased eye, would conclude that we should be printing money, in fact.

[Down the Gurney]

Just another reason to prefer Friedman.

I think that Friedman, were he alive today and looking at things with a truly unbiased eye, would conclude that we should be printing money, in fact.

While he certainly wouldn't be supporting the current tight mooney lunacy that unfortunately grips my party, I think that he would recognize that the sole reason that we don't have inflation today would be the lack of velocity in our monetary system, so he wouldn't want us to go directly into high inflation after velocity picks up again.

[Oakvale]

Mega HP.

Unquestionably the greatest most awful economist of the 20th century.

We might be using "great" in a different sense but Keynes is objectively the greatest economist of the 20th century. You'd have to include Adam Smith and Karl Marx to come close to someone exceeding his influence on the field. Friedman (whose name has cropped up in this thread, I notice) does not compare.

[Antonio the Sixth]

Mega HP.

Unquestionably the greatest most awful economist of the 20th century.

We might be using "great" in a different sense but Keynes is objectively the greatest economist of the 20th century. You'd have to include Adam Smith and Karl Marx to come close to someone exceeding his influence on the field. Friedman (whose name has cropped up in this thread, I notice) does not compare.

That's what I meant, yeah. Not surprising that libertarihacks wouldn't get this.

[tpfkaw]

He was quite skilled at articulating the pre-existing biases and narrow self-interest of the politician and the "folk economist," and talking in circles to confuse people into thinking he had a sophisticated argument for policies that were previously recognized on the face of them as harmful and/or beneficial only to the few.  He was therefore among the greatest sophists of the 20th or any century.  Economist?  No.

[Oldiesfreak1854]

Neutral, lean HP.

[Supersonic]

FF in that I recognise his accomplishments as an economist.

HP in that I disagree with him.

So, neutral.

[Marokai Backbeat]

So the best the libertarians can come up with are a couple of anti-Semitic lines? Weren't most people anti-Semitic back then? I thought you guys had legitimate attacks against you know, his economic theories.

he was also a stupid queer lolololol

[All Along The Watchtower]

So the best the libertarians can come up with are a couple of anti-Semitic lines? Weren't most people anti-Semitic back then? I thought you guys had legitimate attacks against you know, his economic theories.

he was also a stupid queer lolololol

and had no idea about SOUND MONETARY POLICY

[Filuwaúrdjan]

It is very true that he shared most of the disgusting attitudes of the rest of his social milieu (and it's wrong to make excuses for that. He was also an appalling cultural elitist: as in, an actual elitist) but his attitudes to politics and society aren't why he was (is) a notable figure.

[Gustaf]

Unquestionably the greatest economist of the 20th century.

The way that is phrased it is unquestionably false.

Keynes was an important economist, although he is generally badly misinterpreted. What most people mean today by Keynesian policy is quite dubious. I don't expect any of this to impact the general hackery likely to go on in this thread though.

[H.E. VOLODYMYR ZELENKSYY]

Unquestionably the greatest economist of the 20th century.

[Tetro Kornbluth]

So the best the libertarians can come up with are a couple of anti-Semitic lines? Weren't most people anti-Semitic back then? I thought you guys had legitimate attacks against you know, his economic theories.

No.

Keynes was an undoubted HP. He was director of the British Eugenics Society from 1937-1944 and defended those ideas until his death in 1946.

Of course talking about his eugenic ideas in the context of his economic theories is equivalent to thrashing Newtonian physics on the basis of Newton's notorious interests in the occult.