Keynes: bad economics and bad politics

David Weinberger beats up on Keynes’s economics here:

“despite numerous experiments since the 1930s, never has Keynesian policy precipitated a peacetime economic recovery.”

And I beat up on Keynes’s politics here:

“Keynes was not merely recommending a few surgical interventions to smooth out cycles or to jump-start moribund economies. Keynes’s economics are part of a comprehensive interventionist philosophy of morality and politics.”

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