John Maynard Keynes

Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.

John Maynard Keynes was born on June 5 a birthday he shared with Adam Smith another famous economist who was born earlier.

John Maynard Keynesjohnmaynardkeynes-307x400 by Roger Fry

Who’s This Fella Keynes, Anyway?

The ideas of British economist John Maynard Keynes, dead for 62 years, are back in vogue, it seems, as President Obama’s economic team attempts to fix the planet. You can learn all about Keynes and the cool crowd he ran with, the Bloomsbury Group, at the exhibition on view now at the Nasher Museum.

A room of their own (Bloomsbury Exhibition)

J. M. K. by Duncan Grant jmkeynes

An actor in lavender colored suit plays John Maynard Keynes in Derek Jarman’s film Wittgenstein.

jmk2 (via)
John Maynard Keynes & Lydia Lopokova

Economics debunked.

The basic tenet of Keynesian economics is that only aggressive government policy can stabilize the economy which is otherwise subject to massive swings, creating enormous problems such as run away inflation, failing financial institutions, failing corporations, and massive unemployment. But, hey, today everyone in Washington is a Keynesian, right? After forty years of Chicago school dominance, Keynes is back.