posted on May, 5 2013 @ 10:25 PM
I am posting this because it is so typical of the attitudes of people on the right whenever it comes to economics or political issues. Namely, if
someone doesn't agree with their traditional views, then there must be something wrong with them, and of course they must be out to destroy the
nation. This is ironic, however, since many conservative positions today are aimed at destroying the lives of regular people in order to enrich the
Harvard Professor apologizes for Keynes comments
NEW YORK (AP) -- Niall Ferguson, a Harvard history professor and author, apologized on Saturday for saying economist John Maynard Keynes was less
invested in the future because he was gay and had no children.
Ferguson said his remarks at an earlier conference were "as stupid as they were insensitive."
During a question-and-answer session after a prepared speech at the Altegris Strategic Investment conference in Carlsbad, Calif. on Thursday, Ferguson
was asked to comment about Keynes, an influential 20thcentury British economist who advocated government spending as a way to make up for lagging
demand in a down economy.
Ferguson suggested that Keynes philosophy was shaped by his homosexuality. Keynes, therefore, had no children so he wasn't as invested in future
generations as others might be, Ferguson said.
The remarks were reported by the website of Financial Advisor magazine and other online publications.