[arrogantsob]

First point is that he never said that.

Second point is that Keynes major theories were concocted to try and answer the similar situation facing nations in the early 30s. Classical and neo-classical theory seemed to have failed and the same kind of policies were not bringing down the unemployment rate.

I know he is everybody’s favorite whipping boy but few have actually read his works.

[Nachum]

Are you defending Keynes?