Archive for October, 2012

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Keynes, “Keynes”, and Keynes

October 9, 2012

This was my reply to Tad Tietze’s note on the left and Keynesianism, over on Facebook, which followed a discussion about Syriza and its programme for Greece. It’s been suggested that it’s quite a useful summary of the left’s various confusions about Keynes, so I’m reposting it here – I think it can stand by itself:

The “confusion” Tad mentions is the one that, unfortunately, exists across the left and into wider society. It falls into at least three parts: first, over what anyone understands by “Keynesianism”; second, over what Keynesians themselves say; third, over what Keynes himself actually said or thought. The last, by itself, is of largely academic interest, but it tends to end up creeping into – and informing – the other two.

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