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John Maynard Keynes back in fashion


Economics and I do not mix. The New York Times tells me that economist John Maynard Keynes is back in fashion again. Maynard Keynes preached that government intervention could spark a sluggish economy – eg he invented the bail out so the folks at Goldman Sachs, JPMorgan Chase and Morgan Stanley should be mighty grateful for his efforts.

general-theory-of-employmentThe only thing I know about Maynard Keynes is he’s mentioned in the Deacon Blue song, A Ship Called Dignity so I’m probably not an expert on economic theory although my knowledge of popular culture trivia is second to none. First editions of Maynard Keynes’ most famous book, The General Theory of Employment, Interest and Money, would make a very nice bonus for someone at AIG or one of those other slimeball banks.

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