http://tinyurl.com/a9ssl4
- - - Many would argue that Keynes' 73-year-old theory is being tested, right now, for the very first time. One Keynes biographer, Lord Robert Skidelsky, portrays Keynes as a fascinating figure, equal parts genius and jerk. Keynes ran with the Bloomsbury Group, which included painters and writers such as Virginia Woolf. The Bloomsbury crowd was known for free love and raunchy language, but even they complained in letters to each other that Keynes was too dirty for them. Keynes could be just as shocking when it came to academic theory, sounding like a socialist one moment and fanatically defending free markets the next. The one constant was Keynes' faith in the elite. He generally believed that almost any problem could be solved by getting together young men who had been schooled at Cambridge and asking them to take over. He even wanted Cambridge men to run America, because he didn't think anyone in the U.S. was smart enough. He also didn't like Jews, the French or the working class. Keynes wrote that these Cambridge-led government boards should do everything from running individual companies to determining how many babies should be born and, cryptically, of what quality. Keynes was, after all, on the board of directors of the British Eugenics Society. - - - If there is such a thing as "failed policies of the past," this is what they look like. <sigh> We're not in a depression yet (the economy grew 1.3% in 2008), but we sure as hell will be soon enough. It didn't have to be this way, but now there's no way to stop it. On top of that, the immoral things we're about to do in the name of jump-starting the economy, saving the planet and uniting mankind is going to eclipse the horrific evil that was tried, to catastrophic effect, in the 20th century. That little thing about not learning from history rears its head again. Pity. - Bob _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
