With mass unemployment again afflicting the world, it's time to rediscover Keynes -- the real Keynes.
Will HuttonDec 19, 2001
Is Keynes staging a comeback? The recent experiment in free market economics whose falsities Keynes exposed has not proved notably successful. As our economies have become more marketized, growth has slowed and unemployment has risen. The search is on for a theory and policy that might produce better results. But if Keynes is being rediscovered, please God let it be the real Keynes--not the bastardized version that betrayed his revolution and allowed the barbarians back.