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I kind of agree. And I think most people would accept that knowledge and expertise and wisdom are not the same thing as credentialed formal education But I notice a lot of people, especially on Twitter, use "Keynesian" as a catch-all term for economics they don't like, and I think Ammous is deliberately playing on that and using the reader's ignorance so he can dismiss anything vaguely "left wing" Ammous just makes too many mistakes for my liking. He even made the classic mistake of thinking that Hitler was brought to power due to hyperinflation, when any historian of the time will tell you that Bruning's *deflationary* policies are what hurt the economy and brought Hitler to power I know it seems like I've just changed the subject completely! But all this feeds into the general discomfort I felt with this book from the start. I'm only 25% of the way through, and I'm determined to finish it simply because it's a famous book. But it's not a serious book; too much like (subtle) propaganda
2025-11-06 18:52:48 from 1 relay(s) ↑ Parent 1 replies ↓ Reply
and also, looking again at the screenshot which I started this thread with, Ammous basically says that Keynes discarded centuries of scholarship. It's seems like a childish thing to say 🙂
2025-11-06 18:55:27 from 1 relay(s) ↑ Parent Reply