Last night we attended a lecture given by Amartya Sen as a preliminary to him being awarded the first Maynard Keynes prize for all round brilliance. It was an astonishingly clear exposition of the continuing relevance of Maynard Keynes’s The Economic Consequences of the Peace in an environment in which so many professional so-called financial economists (ie bankers) advocate the imposition of extreme measures of austerity on European countries, including, most especially, Greece. He compared it to the administration of rat poison. Afterwards I walked down the track to Tilton where Keynes lived.
How wonderful and fitting that Amartya Sen is to receive the first Maynard Keynes prize. He speaks and writes with refreshing and indeed “astounding” clarity. Always a pleasure to attend his talks and to collaborate at the UN.