The influence of economist John Maynard Keynes (1883–1946) is still profound in government circles. I say government, instead of economic, because economics is involved with human behavior, and government is about the regulation and control of that behavior. An economist who can provide the rulers with a plausible justification for their control of the population is a valuable asset to any government, as Keynes was to his. The full flowering of Keynes’ economic thought occurred toward the end of his career, when he "discovered" the mistake of classical economists, who held that, when goods were in surplus, the best role … Continue reading Keynes Was Right