...and say more stupid things to try and correct the first stupid things  
they said.
 
 
 
To think that Keynes' homosexuality, early in his life or not, had
zero impact on his thinking would be ludicrous. Each of us are  influenced
by everything from our preferences in movies to our friendships and
our marital backgrounds, employment experiences, college majors,
and on and on.
 
Naill Ferguson also knew better, when making his remark, since he
later admitted that Keynes married an attractive woman and ceased 
to be homosexual in the years when  he did his most productive work. 
So, whatever influence his previous homosexuality had on his ideas 
should be sought in Keynes' early writings far more than in his later 
publications when he was heterosexual, or certainly far more 
heterosexual than otherwise.
 
Why did Ferguson compound his first error with a follow-up error
that was at least as bad ? 
 
It would be useful to learn the reasons.
 
Billy
 
-----------------------------------------------------------
 
 
 
 
 
 
 
 
Niall Ferguson apologises for remarks about 'gay  and childless' Keynes
In speech at  conference, Harvard professor implied economist lacked 
foresight because he was  childless and gay
 
  
_Paul Harris_ (http://www.guardian.co.uk/profile/paulharris)  in New York 
_The Observer_ (http://observer.guardian.co.uk/) ,  Saturday 4  May 2013
 
 
Historian and author _Niall Ferguson_ 
(http://www.guardian.co.uk/books/niall-ferguson)   apologised has apologised 
"unreservedly" for "stupid and 
tactless" remarks in  which he implied that John Maynard Keynes did not care 
about future generations  – because he was childless and gay. 
Ferguson, a professor at  Harvard, was speaking at the Altegris conference 
in California, which attracts  an audience of investors and financial 
analysts, when he was asked questions  about the influential British economist. 
"I 
made comments about John Maynard  Keynes that were as stupid as they were 
insensitive," he said in a statement  emailed to the Observer and also 
_posted on his  website_ 
(http://www.niallferguson.com/blog/an-unqualified-apology) . 
The apology came after reports emerged from bloggers and financial 
reporters  at the conference that Ferguson claimed Keynes's economic philosophy 
was  
influenced by his homosexuality. Lance Roberts, a reporter for the website  
StreetTalk Live, posted a transcript of notes taken from Ferguson's speech 
and a  question-and-answer session afterwards. 
Roberts said Ferguson appeared to allude to a theory that Keynes's 
long-term  economic theories were flawed because he was gay and had no 
children. 
"Keynes  was a homosexual and had no intention of having children. We are not 
dead in the  long run … our children are our progeny. It is the economic 
ideals of Keynes  that have gotten us into the problems of today," Roberts 
wrote 
in his notes of  Ferguson's remarks. 
Another reporter, Tom  Kostigen of Financial Advisor, gave a longer 
account. _Kostigen  wrote that_ 
(http://www.fa-mag.com/news/harvard-professor-gay-bashes-keynes-14173.html)  
Ferguson had also made mention of the fact that 
Keynes had  married a ballerina, despite his gay affairs. "Ferguson asked the 
audience how  many children Keynes had. He explained that Keynes had none 
because he was a  homosexual and was married to a ballerina, with whom he 
likely talked of  'poetry' rather than procreated," Kostigen wrote. He added 
that the audience at  the event went quiet when the remarks were uttered. 
The account was also backed  up by _a Twitter  message posted by conference 
attendee and journalist Daniel Jamieson_ 
(https://twitter.com/dvjamieson/status/330017600132222976) , a  senior editor 
at Investment News. "Ferguson … 
Keynes didn't care about the  long-run 'cause he was a homosexual, had no 
children'," he wrote. 
In his apology Ferguson explained: "I had been asked to comment on Keynes's 
 famous observation 'In the long run we are all dead.' The point I had made 
in my  presentation was that in the long run our children, grandchildren 
and  great-grandchildren are alive and will have to deal with the consequences 
of our  economic actions." 
He added: "I should not have suggested – in an off-the-cuff response that 
was  not part of my presentation – that Keynes was indifferent to the long 
run  because he had no children, nor that he had no children because he was 
gay. This  was doubly stupid. First, it is obvious that people who do not have 
children  also care about future generations. Second, I had forgotten that 
Keynes's wife  Lydia miscarried." 
_Kostigen  left little doubt in his account_ 
(http://www.fa-mag.com/news/harvard-professor-gay-bashes-keynes-14173.html)  
that he found Ferguson's 
remarks offensive.  "Apparently, in Ferguson's world, if you are gay or 
childless, you cannot care  about future generations nor society. This takes 
gay-bashing to new heights,"  Kostigen wrote. 
Ferguson insisted he was not anti-gay. "My disagreements with Keynes's  
economic philosophy have never had anything to do with his sexual orientation.  
It is simply false to suggest, as I did, that his approach to economic 
policy  was inspired by any aspect of his personal life. As those who know me 
and my  work are well aware, I detest all prejudice, sexual or otherwise," he 
said. 
"My colleagues, students and friends – straight and gay – have every right 
to  be disappointed in me, as I am in myself. To them, and to everyone who 
heard my  remarks at the conference or has read them since, I deeply and 
unreservedly  apologise," he added. 
Ferguson's retracted assessment of Keynes's outlook echoes arguments  
previously aired by American historian Gertrude Himmelfarb. She wrote that the  
economist's links to the Bloomsbury set – known for their philosophy of 
living  for the moment – were reflected in his economic theories. Himmelfarb, 
too,  mentions Keynes's "in the long run" pronouncement and cites Austrian 
economist  Joseph Schumpeter who once referred to Keynes's "childless vision". 
Ferguson, a Scot, is an outspoken figure who has written numerous 
bestselling  books on history and economics including Empire: How Britain Made 
the 
Modern  World and The Ascent of Money: A Financial History of the  World. 
He has fought in public with other well-known figures, including Nobel  
prizewinning economist Paul Krugman over the economic policies of Barack Obama, 
 and writer Pankaj Mishra. Mishra had been critical of Ferguson's book  
Civilisation in the London Review of Books and Ferguson  accused him of 
labelling him as a racist and threatened to sue for libel. 
Ferguson's views, often criticised for placing too much of a positive spin 
on  western empires and imperialism, have won high-profile support among 
some  rightwing politicians, especially the British education secretary, 
Michael  Gove.

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