Tuesday, November 15, 2011


I am often impressed by Keynes.
"the political problem of mankind: how to combine three things: economic efficiency, social justice and individual liberty" (Keynes, "Economic Possibilities for our Grandchildren")

Much less often am I impressed by Keynesians.

(Nod to Neanderbill)


Angus said...

I think the political problem of mankind is how to get enough government for entrepreneurship to flourish without ending up with so much government that entrepreneurship flounders.

Anonymous said...

Keynes the optimist arguing for full UNemployment!

That was a muddled and poetic pile of horsepucky.

Anonymous said...

Sorry if I was over the top with the royal flush crack on the post which I no longer see posted.

Richard Stands said...

The political problem of mankind: Defining Social Justice.

akon said...

This piece has always reminded me of Vonnegut's "Welcome to the Monkey House." What are humans for after their role as producer and provider is covered without their effort?

Keynes' answer, if I remember correctly, is fine for the aesthete but may be a bit optimistic. I think the problem is a bit overoptimistic as well.