Capitalist revolutionary2011

"The Great Recession of 2008 restored John Maynard Keynes to prominence. After decades when the Keynesian revolution seemed to have been forgotten, the great British theorist was suddenly everywhere. The New York Times asked, 'What would Keynes have done?' The Financial Times wrote of 'the undeniable shift to Keynes.' Le Monde pronounced the economic collapse Keynes's 'revenge.' Two years later, following bank bailouts and Tea Party fundamentalism, Keynesian principles once again seemed misguided or irrelevant to a public focused on ballooning budget deficits. In this readable account, Roger Backhouse and Bradley Bateman elaborate the misinformation and caricature that have led to Keynes's repeated resurrection and interment since his death in 1946. Keynes's engagement with social and...