Comments (8)

• Slim934

  EWWW!!! They put his name next to Keynes, and called him a contemporary. Yecch.

  Published: November 11, 2009 5:36 PM

• Core

  What the heck is a "Keynes contemporary" ?

  As much as the article made the man sound like he loved capitalism/free market. I don't even understand how Keynes name popped up.

  Published: November 11, 2009 6:29 PM

• Slim934

  Yeah.

  Where does this "Keynes loved the free-market" nonsense come about?

  The man was for heavy interventions and even advocated total state control over investment. How in the hell does that make you "free-market"?

  Published: November 11, 2009 7:35 PM

• John Maynard Keynes

  "John Maynard Keynes showed how government institutions could use spending to ignite economic growth."

  That's right. Government spending is always better than people's free choices because government spending is double, triple, and quadruple counted in the GDP formula.

  Published: November 11, 2009 7:56 PM

• jeffrey

  Is it possible that some people don't know that "contemporary" means lived at the same time and nothing more than that? Surely people commenting at the Mises blog know that.

  Published: November 11, 2009 8:16 PM

• Eric Parks

  "What the heck is a "Keynes contemporary" ?"

  I would imagine that he is someone who is just as wrong.

  Published: November 11, 2009 8:30 PM

• jeffrey

  Maybe I should check the IPs here and see if this is a spoof.

  Published: November 11, 2009 8:32 PM

• P.M.Lawrence

  "...England's Adam Smith argued for free trade".

  That's absolute rubbish.

  He was a Scot.

  "Schumpeter was born in 1883 in a hamlet 75 miles south of what is now Prague".

  It was then, too.

  "He gained stature by taking teaching jobs at more prestigious schools, including... Harvard...".

  No. Harvard wasn't prestigious then (outside the USA), and that wouldn't have increased his stature at all (outside the USA).

  Published: November 11, 2009 10:53 PM