Saturday, September 19, 2015

Believe it or Not: Keynes' Eight Weeks' Economic Training.


Frankly, I don't know what to say, other than I'm flabbergasted, discombobulated, utterly astonished:
"John Maynard Keynes was the most important economist of the 20th century, but he had only eight weeks’ undergraduate training in the subject and never sat an examination in it." (here)
Frankly, I am not sure I believe that. Something must be wrong; if readers can put me out of my misery in one way or the other, please do.

At the other hand, considering how closely his online fans ape the Master, that explains an awful lot.

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Honestly, it's shocking to think I might know more about economics than M'Lord. I cannot help but think of the old Maestro Ciruela:

(source)

UPDATE:
21-09-2015. In the popular imagination, Friedrich Hayek was Keynes' nemesis, its opposite and arch-enemy. It turns out the guy's assessment of Keynes may have been not only conservative, but actually unfairly positive:


Think about it.

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