----------------- HES POSTING ----------------- I do not have the quote. But 10 or 15 years ago Mark Blaug made a video about Keynes, in which - in the third part - someone makes the point. I may be wrong, but I think it was Friedman. Anyway, in a private conversation Keynes should have said that under different circumstances he would have advocated a different policy. Henk Plasmeijer ------------ FOOTER TO HES POSTING ------------ For information, send the message "info HES" to [log in to unmask]