John Maynard Keynes
Bad economics can bring about or grow out of bad politics. But the question is, what are bad economics and bad politics?
Eighty years go, on February 4, 1936, one of the most influential books of the last one hundred years was published, British economist, John Maynard Keynes’s The General Theory of Employment, Interest and Money. With it was born what has become known as Keynesian Economics.