Masters of Money: John Maynard Keynes

This is one part of a three-part BBC documentary called “Masters of Money” (2012). This part deals with John Maynard Keynes, albeit in a rather dumbed down way. But an interesting, popular take on Keynes.

A major failing of the analysis is its failure to note how Keynes’s ideas were quickly transformed into the post-war neoclassical synthesis: it was this neoclassical version of Keynesianism that faced a theoretical and policy crisis during the 1970s stagflation era.