Was Keynes a Liberal?
By Ralph Raico
This article appeared in the Fall 2008 issue of The Independent Review

If genuine liberalism relies on free markets and civil society to solve economic and social problems, then the “Keynesian Revolution” signaled its abandonment. Why, then, do many historians consider John Maynard Keynes—a neomercantilist and welfare statist—to have been a great liberal in the tradition of Locke, Smith, and Jefferson?

 PDF Read the Full Article (PDF, 24 pages)





Subscribe Today

Buy Single Issues

Independent Review Issues

Articles by Subject

Independent Review Articles on Related Subjects