Sunday, May 05, 2013

Niall Ferguson attributes Keynes' economics to his homosexuality, childlessness

Pretty insensitive comment, sure. But it's true that Keynes' policies have in practice led us to party away the inheritance built up by our predecessors, and bill the deficits to posterity and the Chinese. Our grandchildren will have little to thank us for, when they inherit the husk of an economy we are leaving them...