Tuesday, February 20, 2007

Frank Knight on Mr Keynes

"Knight scribbled “Nonsense” and sometimes even stronger comments throughout his copy of the General Theory (Patinkin 1981, 289). In his milder published review, Knight(1937, 122, n22) objected to the tone of the General Theory: “it has become quite the fashion to account for differences in intellectual positions by psycho-analysing, or somehow ‘explaining’ one’s opponent (and the example of following the fashion having in this case been set by Mr Keynes)”."

This is a segment from a very interesting paper by Bob Leeson, a researcher on Milton Friedman's work. Read more here.

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