Hayek on Keynes’s Ignorance of Economics (Video)

“Here is an amazing video in which Hayek is interviewed about his knowledge of Keynes. He makes very strong claims that Keynes was blissfully ignorant of economic theory, monetary theory, economic history, and the history of economic thought. Unlike some other interviews of Hayek, the audio is clear and this clip is only 5 minutes long.”

https://mises.org/wire/hayek-keyness-ignorance-economics

SEE:

The anti-Christian economics of John Maynard Keynes

 

“Keynes was characterized by his male sweetheart, Lytton Strachey, as “A liberal and a sodomite, an atheist and a statistician.” His particular depravity was the sexual abuse of little boys. In communications to his homosexual friends, Keynes advised that they go to Tunis, “where bed and boy were also not expensive.” As a sodomistic pedophiliac, he ranged throughout the Mediterranean area in search of boys for himself and his fellow socialists. Taking full advantage of the bitter poverty and abysmal ignorance in North Africa, the Middle East, and Italy, he purchased the bodies of children prostituted for English shillings.*

Such Leftist hypocrites then, as now, issued loud denunciations against poverty, imperialism, and capitalist immorality. However, for their own degenerate purposes, they eagerly sought out the worst pockets of destitution and backwardness to satisfy their perverted purposes through sexual enslavement of youngsters. While traveling in France and the United States they complained among themselves of the harassment by the police of practicing homosexuals. In degenerate areas of the Mediterranean, on the other hand, they found a pervert’s Utopia where the bodies of children could be purchased as part of a cultured socialist’s holiday.”

Who was John Maynard Keynes?–Keynesian economics

 

Keynes was a failed investor and never studied economics

 

Who is John Maynard Keynes and how dangerous is his Marxist system of economics?

 

Who was John Maynard Keynes?–Keynesian economics

 

Keynes possessed only a very limited knowledge of economics in general, and of the market processes of entrepreneurial coordination in particular

 

Keynesian Predictions vs. American History | Thomas E. Woods, Jr.

 

 

Political Power and Economic Ignorance

 

Hayek on Keynes’s Ignorance of Economics (Video)

 

“‘Social engineering’–a synonym for dictatorship and totalitarian tyranny. The idea is to treat human beings in the same way in which the engineer treats the stuff out of which he builds his bridges, roads, and machines.”–Mises

 

Nassim Nicholas Taleb: mathematics, engineering and social science—how they are alike and differ

 

As the behaviorist tells us, man can be thought of as “an assembled organic machine ready to run.”3 He disregards the fact that while machines run the way the engineer and the operator make them run, men run spontaneously here and there. “At birth human infants, regardless of their heredity, are as equal as Fords.”4Starting from this manifest falsehood, the behaviorist proposes to operate the “human Ford” the way the operator drives his car. He acts as if he owned humanity and were called upon to control and to shape it according to his own designs. For he himself is above the law, the god sent ruler of mankind.”

 

Positivism and Behaviorism–Mises

 

Nassim Nicholas Taleb: mathematics, engineering and social science—how they are alike and differ

 

C. S. Lewis on Mere Liberty and the Evils of Statism

 

Antonio Gramsci–described how the state and ruling class use cultural institutions to maintain power

 

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