Re: Hitler and Keynes

["Alan G. Isaac" <AISAAC@xxxxxxxxxxxx>]

Is the context here so clear? Is it unreasonable to see Keynes as
saying that,even in totalitarian conditions, his theory will be
a better guide to keeping unemployment low than will "classical"
theory? This is a question, not an apology: I don't have the rest
of the text in front of me.
--Alan G. Isaac

On Mon, 6 Feb 1995 15:21:01 -0700 Helene Jorgensen said:
>Mon, 6 Feb 1995 12:22:49 -0700 <MOSS@xxxxxxxxxxxxxxxxxx> said:
>>What did Keynes say in the famous (infamous?) introduction to the German
>>edition
>> of the General Theory?  Anyone remember? L. Moss
>
>On September 7, 1936, Keynes writes in the preface to the German edition
>of the General Theory that he expect that the book will be more favorable
>accepted in Germany than in England because German economist never embra-
>ced the the classical theory. And he hope to pursuade the German econo-
>mists of the method of formal economic analysis. Further, Keynes writes,
>"And if I can contribute some stray morsels towards the preparation by
>German economists of a full repast of theory designed to meet specifical-
>ly German conditions, I shall be content......Nevertheless the theory of
>output as a whole, which is what the following book purposts to provide,
>is much more easily adapted to the conditions of a totalitarian state,
>than is the theory of the production and distribution of a given output
>produced under conditions of free competition and a large measure of
>laizes-faire."
>Macmillan, Cambridge Univ. Press, 1973.
>
>This is not exactly a support for democracy.
>
>
>Helene Jorgensen
>Department of Economics
>The American University
> Washington, DC
>
> E-mail: HJORGEN@xxxxxxxxxxxx