John Maynard Keynes’ “General Theory” Eighty Years Later


After Keynes’ work was published the politicians knew they has a winner for Keynes add the Government to the calculations to determine GDP. That and tell them politicians that savings was bad as you needed to spend every penny if you wanted full employment. Well that was it a license to spend and spend and a theory that claimed it was OK. So what if now we know better, well some of us do, it doesn’t mater the politicians knows that no one is smart enough to realize its a Ponzi scheme and we are at the end where the chickens come home to roost!

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