Keynes at Harvard is Now Online

Back in December, I noted an Ilana Mercer column about the book, Keynes at Harvard. She wrote:

John Maynard Keynes was a Fabian socialist strongly opposed to private enterprise. The Fabian society was formed in England in the late 1880s and spread throughout the British Empire. The Fabians aimed to replace the market with "an efficient administrative bureaucracy," as F.A. Hayek put it. Its emissaries also came to infect almost every nook and cranny of the American state and civil society.Fabians departed from communists on the use of force. Whereas the communists believed in "attaining power by violence," Fabians perfected a form of Islamic takiya – lying to spread the faith, in their case, state-socialism."Easing into absolute power by deceit" was to be achieved by infiltrating every societal institute under the guise of moderation (and by deploying impeccable manners, once terribly important among the British elites).

I bought a used copy of the book and found it fascinating. I have not commented on the book further here at EPJ because I want to read the book again, think about the book some more and check out some of the references in the book. The book makes some strong charges and certainly goes beyond anything you are apt to read anywhere else. For example, the book calls Joseph Schumpeter, a neo-Marxist. The charge is referenced with some of his writing, but obviously that reference has to be checked and thought about before one can buy into or dismiss such a charge.

The latter chapters on Keynes and the Fabians are shocking, but seem to have a ring of truth. From what I know about Fabian socialists and their methods of infiltration and manipulation the book has all that correct.

I bring all this up because EPJ reader Joel Lefevre writes to inform me that Keynes at Harvard is now online.

So I say go for it. It is fascinating reading. But, please, realize I am not endorsing the book at this point, only because I want to do some more independent research on the charges made. If the charges prove sound, it will provide fascinating insight into the Keynesian revolution and a lot of other peculiar things that happen in and around politics and government.

Great Minds Think Alike: Wenzel-Mercer Edition

Me, November 27:

Is German Chancellor Angela Merkel an Austrian?

As in Austrian economics

Ilana Mercer, December 13:

Is Germany’s finance minister really an Austrian … economist, that is?

German Finance Minister Peer Steinbrück comments (via Mercer)

•No matter how much any government does, the recession we are in now is unavoidable.

•The speed at which proposals are put together under pressure that don’t even pass an economic test is breathtaking and depressing.

•The switch from decades of supply-side politics all the way to a crass Keynesianism is breathtaking. When I ask about the origins of the crisis, economists I respect tell me it is the credit-financed growth of recent years and decades. Isn’t this the same mistake everyone is suddenly making again, under all the public pressure?

Harvard Alumni Uncover the Real Keynes

Writes Ilana Mercer:

"Keynes At Harvard" provides commendably detailed and scrupulously documented answers:

John Maynard Keynes was a Fabian socialist strongly opposed to private enterprise. The Fabian society was formed in England in the late 1880s and spread throughout the British Empire. The Fabians aimed to replace the market with "an efficient administrative bureaucracy," as F.A. Hayek put it. Its emissaries also came to infect almost every nook and cranny of the American state and civil society.

Fabians departed from communists on the use of force. Whereas the communists believed in "attaining power by violence," Fabians perfected a form of Islamic takiya – lying to spread the faith, in their case, state-socialism.

"Easing into absolute power by deceit" was to be achieved by infiltrating every societal institute under the guise of moderation (and by deploying impeccable manners, once terribly important among the British elites).

Mercer's full column on Keynes is here , and is must reading.

llana Mercer Says A GM Bailout Is About...

...bad economists and politcal pimps.

I second that and extend that to say, all micro-managing of an economy is about bad economists and political pimps.

On The "Living Constitution"

“Whenever you hear the phrase ‘living Constitution’ [which you’ll hear a great deal from president elect Obama], just substitute the word ‘no’ for ‘living,’ and you’ll understand what it means.” -from Thomas DiLorenzo (via Ilana Mercer).

MLB Pushes Back World Series Game 6 by 8 Minutes For Obama

Major League Baseball has agreed to push back the start time of a potential World Series Game 6 by eight minutes to allow Democrat Barack Obama to purchase a half-hour of air time on the Fox network, according to AP.

Baseball spokesman Pat Courtney said Thursday that the game time would now be set for 8:35 p.m.

The Obama presidential campaign said Oct. 9 that it had bought the 8-8:30 p.m slot on CBS and NBC.

This should really excite Ilana Mercer, who posted on her blog today:

I grow weary listening to the idiots McCain and Obama. So, last night, I switched off the debate (the last one, thank God).

I did catch the ass Obama claim that the US uses the greatest share of the world’s apparently collectively owned oil and gas resources...

The idea of private property is anathema to this man.