[This article is a selection from Where Keynes Went Wrong]: Paul Samuelson, professor of economics at MIT after World War II and author of a best-selling economics textbook, was one of Keynes’s most ardent American disciples. Here is what he has to say about the latter’s General Theory: It is a badly written book, poorly organized. . . . It is arrogant, bad-tempered, polemical, and not overly generous in its acknowledgements. It abounds in mare’s nests and confusion…. In reading this, one recalls Keynes’s infatuation with paradox. Samuelson, the ardent disciple, is telling us that the master’s book is good because it … Continue reading →
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