Keynes's Biography: Posthumous Glory
This is a Keynes news story, published by globalinequality, that relates primarily to Zach Carter news.
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Keynesglobalinequality
•The life of Maynard K.
76% Informative
Zach Carter 's biography of Keynes , "The price of peace," opens when Keynes was 31 years of age in 1914 .
It ends well past Keynes ’ death as it covers rise of Keynesianism in the U.S. Keynes ' posthumous glory far exceeded, not the insignificant one, he had attained during his lifetime.
For Hayek , economic mechanism of laissez-faire was a value in itself.
There is a strong similarity between Keynes ’ description of the post-scarcity society in Economic possibilities for our grandchildren written in 1936 and Marx ’s German Ideology written a century earlier but published only in 1932 in Moscow .
Both thought that the real freedom begins when the drudgery of the division of labor and slavery to the Mammon end.
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