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Skidelsky's dazzling biography gets Keynes the man just right, and his economics somewhat wrong.
Robert Skidelsky, John Maynard Keynes, Volume Two: The Economist as Saviour, 1920-1937 (Viking Penguin, 1994).
I feel very possessive about John Maynard Keynes. He overshadowed the most formative years of my education. His General Theory shapes the way I think about economics.
If not, he will be their slave.
The election of a Democratic president who has
declared that his first priority is a set of active policies for economic
recovery has produced a mix of reactions all too familiar to European social
democrats. On the one hand, there is genuine relief, going far beyod enthusiasm
for Clinton himself, that after years of drift and decline there is the prospect
of something being done about slow growth, rising unemployment, and decaying
social and economic infrastructure. And "something being done" in
America will have reverberations around the world.
On the other hand, there is that nagging fear that today accompanies every