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<p>[QUOTE=&quot;V. Kurt Bellman, post: 2287054, member: 71723&quot;]&#039;Gem, I too was all &quot;you gotta be pulling my leg&quot; when I first encountered Keynes&#039; work as an undergrad. But I was being taught by someone who himself was taught by Keynes personally as a young man. (My prof was young then). Keynes was not merely taught alongside Smith and Marx and Ricardo and Malthus and Galbraith as part of the picture. Keynes was given two semesters all to himself, because his paradigm was taught as the economic world&#039;s salvation, and monetarists were treated with disdainful derision, except by one prof who became the PA Secretary of Banking. He, Bill Whitesell, admitted to me at his retirement celebration just about 10 years ago that even he had become a Keynesian, and he was a thoroughly cowboy conservative Texan when I took his classes.</p><p><br /></p><p>Hard money was taught as the root of most economic evil.</p><p><br /></p><p>He who does not love Keynes&#039; work does not adequately know it.[/QUOTE]</p><p><br /></p>

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