tag:blogger.com,1999:blog-3634628224045926034.post6486580341316256383..comments2023-08-29T01:27:13.772-07:00Comments on Magpie's Asymmetric Warfare: Coyle on Minsky, Where's Keynes?Magpiehttp://www.blogger.com/profile/07528637318288802178noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3634628224045926034.post-59814593133045929082016-01-25T04:34:40.526-08:002016-01-25T04:34:40.526-08:00Magpie, your treasure trove of awesome quotes is s...Magpie, your treasure trove of awesome quotes is seemingly bottomless. :-)<br /><br />And yet Marxists are supposedly the idolaters?peterchttps://www.blogger.com/profile/01617954484867427637noreply@blogger.comtag:blogger.com,1999:blog-3634628224045926034.post-5022431685198953962016-01-24T17:43:43.399-08:002016-01-24T17:43:43.399-08:00"Post Keynesians put greater stock in the wor...<i>"Post Keynesians put greater stock in the word of a gentleman - a Cambridge gentleman - than logic. A gentleman who believes himself to be idealistic, disinterested and, above all, perfectly sensible.</i><br /><br />I'm sorry, Pete, but that falls short of reality.<br /><br />Let's compare your description of Keynes' self portrait, with the Master, through the eyes of his followers.<br /><br />Believe it or not, the two following passages are real and were written by educated adults. One of them is a scholar. I shall not reveal their identities.<br /><br /><i>"I am spellbound. This is the most beautiful creature I have ever listened to. Does he belong to our species? Or is he from some other order? There is something mythic and fabulous about him. I sense in him something massive and sphinx like, and yet also a hint of wings."</i><br /><br /><i>"Keynes, who besides being one of the most intelligent people of the 20th century was also so ferociously logical (and these two qualities do not necessarily overlap) that he was almost certainly incapable of making a logical mistake or of forgetting accounting identities."</i><br /><br />Personally, I refuse to qualify that. Suffice it to say, if I were Keynes, <i><b>I</b></i> would be embarrassed. Hell, I am not, and still I feel embarrassed.<br /><br />The thing is these may be extreme cases, but this phenomenon is not uncommon.Magpiehttps://www.blogger.com/profile/07528637318288802178noreply@blogger.comtag:blogger.com,1999:blog-3634628224045926034.post-78673252322034915552016-01-24T08:41:52.173-08:002016-01-24T08:41:52.173-08:00Post Keynesians put greater stock in the word of a...Post Keynesians put greater stock in the word of a gentleman - a Cambridge gentleman - than logic. A gentleman who believes himself to be idealistic, disinterested and, above all, perfectly sensible.<br /><br />As you can probably guess, I've just been reading your link to Keynes on national self-sufficiency. Funny stuff. :-)peterchttps://www.blogger.com/profile/01617954484867427637noreply@blogger.com