Originally published 05/06/2013
Harvard Professor and author Niall Ferguson says John Maynard Keynes' economic philosophy was flawed and he didn't care about future generations because he was gay and didn't have children.Speaking at the Tenth Annual Altegris Conference in Carlsbad, Calif., in front of a group of more than 500 financial advisors and investors, Ferguson responded to a question about Keynes' famous philosophy of self-interest versus the economic philosophy of Edmund Burke, who believed there was a social contract among the living, as well as the dead. Ferguson asked the audience how many children Keynes had. He explained that Keynes had none because he was a homosexual and was married to a ballerina, with whom he likely talked of "poetry" rather than procreated. The audience went quiet at the remark. Some attendees later said they found the remarks offensive. It gets worse. Ferguson, who is the Laurence A. Tisch Professor of History at Harvard University, and author of The Great Degeneration: How Institutions Decay and Economies Die, says it's only logical that Keynes would take this selfish worldview because he was an "effete" member of society. Apparently, in Ferguson's world, if you are gay or childless, you cannot care about future generations nor society....
- Black Delegates at GOP Convention at Lowest Level in History
- Richard Moe calls on Obama to make Utah's Bears Ears a national monument. Bears Ears?
- What History Says About Donald Trump’s Convention Speech
- Rep. Steve King doubles down on white supremacy claim
- Does Melania Trump know what plagiarism is?
- Daniel Pipes: “Why I Just Quit the Republican Party"
- Jill Lepore attended the GOP convention
- Ramsay Cook died in Toronto on July 14, after a brief battle with pancreatic cancer
- Adam Hochschild says he met the ghosts of his own work at a recent visit to the multiplex
- Colleges are implored to teach their own history