Saturday, 4 May 2013

INQUIRER.net: Harvard Professor apologizes for Keynes comments

INQUIRER.net
Philippine News for Filipinos
Harvard Professor apologizes for Keynes comments
May 4th 2013, 23:49

NEW YORK — Niall Ferguson, a Harvard history professor and author, apologized on Saturday for saying economist John Maynard Keynes was less invested in the future because he was gay and had no children.   The British-born Ferguson said his remarks at an earlier conference were "as stupid as they were insensitive."   During a question-and-answer session after a prepared speech at the Altegris Strategic Investment conference in Carlsbad, California on Thursday, Ferguson was asked to comment about Keynes, an influential 20th century British economist who advocated government spending as a way to make up for lagging demand in an economic downturn.   Fer...

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