[Maceman]

Keynes can't help us now.

Keynes never helped anybody except the Democrat Party.

[jwalburg]

Great article. This part was the nutshell:

They need to grow up and face the harsh reality:

Average household debt has reached 141% of disposable income in the United States and 177% in Britain. Worst of all are the banks. Some of the best-known names in American and European finance have liabilities 40, 60 or even 100 times the amount of their capital.

The delusion that a crisis of excess debt can be solved by creating more debt is at the heart of the Great Repression. Yet that is precisely what most governments propose to do.

[Ohioan]

Keynes never did help us, or anyone else. Flawed economics, based upon socialist theory and economic quackery, are the last thing you need, when you have a problem.

I posted a direct link to the new on-line edition of the Veritas Foundation's classic Keynes At Harvard, a little while ago. (It has been out of print for 40 years.) But to better understand Lord Keynes and his friends in the British Fabian circles, check out:

Keynes At Harvard.

[Raster Man]

Liquidity trap + Atlas Shrugged + Manchurian Candidate = 2009

[griswold3]

I have great respect for Niall Ferguson.
His book The Ascent of Money is an excellent history of money.