“See Michael Holroyd, Lytton Strachey: The New Biography, vol. I, p. 80, in which a letter sent by Keynes to his friend Lytton Strachey in the Bloomsbury set advised them to visit Tunis “where bed and boy were not expensive.” See also David Felix, Keynes: A Critical Life, p. 112, which quotes a letter from Keynes in which he informs a friend, “I’m leaving for Egypt … I just learned that ‘bed and boy’ is prepared.” In another letter, he recommended Strachey go to Tunis and Sicily “if you want to go to where the naked boys dance.”
Excerpt From
The Bitcoin Standard
Saifedean Ammous
https://books.apple.com/us/book/the-bitcoin-standard/id1396764099
“Keynes was a libertine hedonist who wasted most his adult life engaging in sexual relationships with children, including traveling around the Mediterranean to visit children’s brothels”
Excerpt From
The Bitcoin Standard
Saifedean Ammous
https://books.apple.com/us/book/the-bitcoin-standard/id1396764099
John Maynard Keynes was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. He lived from 1883 to 1946. Keynes is best known for his theory on the causes of prolonged unemployment, which he presented in his seminal work, The General Theory of Employment, Interest, and Money (1936). His theory, known as Keynesian economics, suggests that in the short run, especially during recessions, economic output is strongly influenced by aggregate demand (total spending in the economy).
Keynes advocated for increased government expenditures and lower taxes to stimulate demand and pull the global economy out of depression. His ideas have been widely used to justify economic intervention policies by governments and have influenced various aspects of modern macroeconomic policies, particularly regarding the role of government in stabilizing the economy over the business cycle.