Economist Richard Ebeling at FEE: “The Damage Still Done by a Defunct Economist”:
“Keynes helped undermine what had been three of the essential institutional ingredients of a free-market economy: the gold standard, balanced government budgets, and open competitive markets. In their place Keynes’s legacy has given us paper-money inflation, government deficit spending, and more political intervention throughout the market.”
And my philosophical analysis from the Good Life Series, “Can We Blame Keynes for Keynesianism?”, including this from Keynes’s biographer:
“the government of Britain was and could continue to be in the hands of an intellectual aristocracy using the methods of persuasion.”
Also, while not himself a socialist, Keynes argued that:
socialism has moral merit because it “departs from laissez-faire”: socialism “takes away from man’s natural liberty to make a million” and opposes “unlimited private profit.” As Keynes said forthrightly, “All these things I applaud.”
More here.