Judge Richard Posner used to be a hard-nosed Chicago School jurist and legal theorist. Until he actually read the General Theory. While this is old news, it is worth rereading and if you haven't seen it yet, reading for the first time.
Lars P. Syll’s BlogHow Richard Posner became a Keynesian
Lars P. Syll | Professor, Malmo University
I say unto you, that likewise joy shall be in heaven over one sinner that repenteth, more than over ninety and nine just persons, which need no repentance.
ReplyDeleteCheered me up when I saw him changing his mind.