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John Maynard Keynes: National Self-Sufficiency (via P U L S E)

May 7, 2011

John Maynard Keynes: National Self-Sufficiency “It is not intelligent, it is not beautiful, it is not just, it is not virtuous – and it doesn’t even deliver the goods.” Thus spoke the most influential economist of the 20th century John Maynard Keynes on the inter-war economic system. Keynes had been a great believer in traditional economics, that is, until the Great Depression. Then everything changed. In the following essay Keynes explains the flaws in free market economics, his plan for the … Read More

via P U L S E

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