On 11/14/2011 7:26 PM, James C.W. Ahiakpor wrote:
> Now, Keynes himself, in the Preface to the German edition
> of the /General Theory/ argues that "the theory of output
> as a whole, which is what the following book purports to
> provide, is much more easily adapted to the conditions of
> a totalitarian state, than is theory of the production and
> distribution of a given output produced under conditions
> of free competition and a large measure of laissez-faire"
> (1936, xxvi).
I do not think it is possible to accurately communicate
what Keynes was saying here by cutting off the quote
in this way. Out of curiosity, how do you interpret
what he is saying?
Thank you,
Alan Isaac