Classing Up The General Theory

Here is an image of the back cover of the Romanian edition of Keynes’s General Theory published in 2009. If you look close enough you will see that the blurbs feature quotations from Murray Rothbard, Ludwig von Mises, and Paul Krugman, in that order starting from the top. Rothbard’s and Mises’s statements do not refer directly to Keynes or the General Theory, and it is hard to understand why they would be there except to add cachet to the book. It’s just another example of the ever-expanding and world-embracing influence of the two greatest economists of the twentieth century.

HT to Carmen Dorobat.

Keynes's General Theory


    • Murray Rothbard: ”It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.”

      Ludwig von Mises: ”Economics is not about goods and services, it is about the actions of living men.”

      Paul Krugman: ”The General Theory is nothing less than an epic journey out of intellectual darkness. That, as much as its continuing relevance to economic policy, is what makes it a book for the ages. Read it, and marvel.”

      Well, yes, we do marvel.

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