This may not seem like a serious post, but was Keynes a drunk, a mad economist, or just pulling everyone’s strings with his theories? It seems his entire theory was flawed all the way through, but on a personal side he didn’t seem to actually apply what he preached on his own finances (from what I’ve read about him). Even the most basic proposals he made (lowering interest rates near or to zero) seem out of question of whether or not it’s practical. I’m wondering if anyone was skeptical about whether or not he was actually serious with what he proposed, or that he was just completely arrogant. I have a slight suspicion that it was just a big prank (even though that sounds pretty far fetched). Has anyone else felt this way about Keynes?
Rothbard strikes again:
He did drink a lot of champagne.
I’ve always considered him an intellectual whore for the political elite, attempting to provide justifications and a cloak of legitimacy for government and state actions.
This doesn’t sound like an Economics Question, which fooled me because this is in the Economics Questions section.
Does it really matter what kind of person Keynes was like?
If there is something specific you find confusing or disagreeable about his theories, you should probably post that instead.
I think you’re asking about what would motivate someone to propose such harmful theories, possibly even with the knowledge that they are (or could be) harmful. I think the answer is that Keynes’s theories weren’t harmful to him. Quite the opposite, and that’s what mattered most to him, apparently. There is always much to be gained financially and status-wise by helping the State grow.