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Keynes' Insights

10 minutes
First broadcast:
Friday 20 July 2012

John Gray takes a fresh look at the thinking of John Maynard Keynes and wonders what he would have really thought about the current economic crises and how to solve them. "It's still Keynes from who we have most to learn. Not Keynes, the economic engineer, who is invoked by his disciples today. It's Keynes the sceptic, who understood that markets are as prone to fits of madness as any other human institution and who tried to envision a more intelligent variety of capitalism".
Sheila Cook.


    What would John Maynard Keynes, one of the most influential economists of the 20th Century, have made of the current economic situation, ponders philosopher John Gray.

    Read John Gray's article on BBC News website.


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