Keynes, the Man Quotes
Keynes, the Man
by
Murray N. Rothbard115 ratings, 4.07 average rating, 17 reviews
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Keynes, the Man Quotes
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“The General Theory was not truly revolutionary at all but merely old and oft-refuted mercantilist and inflationist fallacies dressed up in shiny new garb, replete with newly constructed and largely incomprehensible jargon.”
― Keynes, the Man
― Keynes, the Man
“And so Hayek too, while never succumbing to Keyness ideas, did fall under his charismatic spell. In addition to creating the legend of Keynes's change of heart, why did Hayek not demolish The General Theory as he had Keynes's Treatise on Money? Hayek admitted to a strategic error, that he had not bothered to do so because Keynes was notorious for changing his mind, so Hayek did not think then that The General Theory would last. Moreover, as Mark Skousen has noted in chapter 1 of this volume, Hayek apparently pulled his punches in the 1940s in order to avoid interfering with Britain's Keynesian financing of the war effort—certainly an unfortunate example of truth suffering at the hands of presumed political expediency”
― Keynes, the Man
― Keynes, the Man
