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Keynes' Legacy



Gunnar Tomasson wrote:

>Here are the first three sentences of Keynes' preface:

>"This book is chiefly addressed to my fellow economists.  I hope it will
>be intelligible to others.  But its main purpose is to deal with
>difficult questions of theory, and only in the second place with its
>application of this theory to practice."

>This does not square with your statement that "Keynes was more than
>anything else interested in how the economy of the real world
>behaved...[and centred his entire theory around the latter]".

That's a matter of opinion.  Do you have any evidence how he could "deal
with difficult questions of theory" without first studying real-world
behaviour?
Unfortunately this is a rhetorical question, as he has already indicated
to me that he will no longer respond.  Sincerely wonder why.  ):

John V




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