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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (870942)	7/7/2015 12:39:37 PM
From: tejek	Read Replies (1) \| Respond to of 1576170

Hayek wrote about Keynes that those who met him “experienced the magnetism of the brilliant conversationalist,” with his “bewitching voice,” and knowledge of “artistic, literary and scientific matters,” who was “supremely confident in his powers of persuasion.” He certainly persuaded many subsequent economists. But Hayek thought that “Keynes was not a highly trained or a very sophisticated economic theorist,” whose General Theory was “too obviously another tract for the times [and] what he thought were the momentary needs of policy,” and which “was bound to lead to a revival of the more naïve inflationist fallacies.” As it did. I see......Keynes fooled people with his charisma including Obama, Bernanke and Yellen. It had nothing to do with the fact his economics makes sense and enable the US to recover from the Great Recession before most countries. BTW when did Obama, Yellen and Bernanke meet Keynes to be so influenced by his charisma?