Must Conservatives Repudiate Keynes?

To what extent was the John Maynard Keynes of the General Theory merely an economic technician? To what extent are there, in-built in his prescriptions, statist and inflationary tendencies which all conservatives will presumptively reject? We ran [November 7, 1959] a piece by Mr. Henry Hazlitt on the failure of the economics of Lord Keynes. Below we publish a piece by a well-known professor in the social sciences who insists that Keynes’ devices for effecting a general level of economic stability can be endorsed by statists and anti-statists equally: that Keynesianism is ideologically neutral. Mr. Hazlitt’s reply to Professor Van Den Haag follows. ed.

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