[aaa_aaa]

"John Maynard Keynes, the economist who famously advocated for public spending to stimulate economies during recession, knew about the deception, the researchers say. In a memo marked "Secret" he called it "a masterly manipulation," while also warning that it was not sustainable in the long run."

I could not help noticing the hypocrisy of him. Also when I read the end of the paragraph I chuckled recalling his famous "In the long run we are all dead"

[CrazyStat]

I don't get it, what's the hypocrisy here?

[lukas099]

I think the word "masterly" can be taken as praise, but I don't think that's the way Keynes meant it here.

[CrazyStat]

Even if we read it that way, what's the hypocrisy? Was Keynes famously an advocate of public institutions never doing anything deceptive?

[lukas099]

Oh I see what you mean. No I don't think it's been shown that he was hypocritical there.

[HPsquared]

Here we are now, in the long run.