Heterodox
This is a video of Robert Skidelsky’s lecture on Keynes’s General Theory, given on 10th May, 2016 at Gdańsk University of Technology, Poland: [embedded content]I have a few minor points: (1) It is important not to let Keynes’ use of the expression “animal spirits” confuse people. Austrians and libertarians seize on this point, as I pointed out long ago here. Keynes used “animal spirits” in the sense of “a spontaneous [human] urge to action rather than inaction” as relevant to the actions of...
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