Monday, June 8, 2015

Diane Coyle — Yes, it is worth reading more about Keynes

And I hadn’t known Keynes helped the Archbishop of Canterbury, William Temple, write the marvellously radical economic parts of his 1942 bestseller Christianity and the Social Order: minimum housing, education and employment standards, regional devolution, worker representatives on company boards, nationalisation of the banks, public ownership of land for development for housing, and restrictions on mortgage borrowing. The book sold 139,000 copies and Davenmport-Hines calls it, “Perhaps the most read Keynesian tract of all.” It sounds a radical programme now, as it evidently was in 1945 as well.
The Enlightened Economist
Yes, it is worth reading more about Keynes
Diane Coyle | freelance economist and a former advisor to the UK Treasury. She is a member of the UK Competition Commission and is acting Chairman of the BBC Trust, the governing body of the British Broadcasting Corporation

2 comments:

NeilW said...

You've got to be careful of turning Keynes and his writing into a religious text, where everybody spends ages trying to get the nuances out of every word he ever wrote.

He's been dead a long time and the world has changed. Not in any fundamental way, but enough to make texts written decades ago somewhat out of date.

It's the same with Marx and all the classic writers. They are opinions, not universal truths.

MRW said...

I would suggest Paul Davidson's latest book on Keynes. Can't remember full name.