, Columnist
For John Maynard Keynes, Economic Theory Was a Sideline
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Even as global financial turmoil induces some to advocate for freer markets, the heavier hand of Keynesian macroeconomic policy is also experiencing a resurgence.
Yet John Maynard Keynes was far more than the Ivory Tower academic economist we think we know. He was, above all, a practitioner and student of high finance. Investment and finance were his vocation, and political economics was his avocation.