In light of Jeffrey Epstein’s arrest for sex trafficking minors, previously taboo conversations about political elite’s infatuation with deviant social practices have become normalized.
BLP reported that the billionaire pedophile was “arrested for allegedly sex trafficking dozens of minors in New York and Florida between 2002 and 2005.” Interestingly, Epstein has close connections to political elites such as the Clinton family, which has raised speculation about how deep Epstein’s pedophile ring went and who else was involved in it.
With all the talk about pedophile rings, an interesting post on Facebook was posted on July 24, 2019 that also implicates a famous economist in this socially degenerate activity.
The individual in question is renowned economist John Maynard Keynes.
Students of economics know Keynes as arguably the most influential economist of the 20th century. His prescriptions for stimulus spending and active government intervention in economic affairs have become go-to-strategies for governments across the world.
However, one lesser known aspect about his life was his pedophiliac activity. Economist Saifedean Ammous’ book, The Bitcoin Standard, details some interesting factoids about Keynes’ life.
Ammous started off by detailing how the family unit is destroyed by government largesse:
Substituting the family with government largesse has arguably been a losing trade for individuals who have partaken in it. Several studies show that life satisfaction depends to a large degree on establishing intimate long-term familial bonds with a partner and children. Many studies also show that rates of depression and psychological diseases are rising over time as the family breaks down, particularly for women. Cases of depression and psychological disorders very frequently have family breakdown as a leading cause.
The economist then transitioned his analysis into Keynes’ life, which revealed his pedophiliac tendencies:
It is no coincidence that the breakdown of the family has come about through the implementation of the economic teachings of a man who never had any interest in the long term. A son of a rich family that had accumulated significant capital over generations, 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.
Ammous notes that Keynes’ lifestyle is in stark contrast to the previous Victorian era in Britain which was known for its social modesty and social cohesion:
Whereas Victorian Britain was a low-time-preference society with a strong sense of morality, low interpersonal conflict, and stable families, Keynes was part of a generation that rose against these traditions and viewed them as a repressive institution to be brought down. It is impossible to understand the economics of Keynes without understanding the kind of morality he wanted to see in a society he increasingly believed he could shape according to his will.
In his book, Ammous highlights the concept of time preference—the extent in which people value current consumption over future consumption. One of his main focuses was on how central banks distorts people’s decision-making. Specifically, when it comes to finance and certain lifestyle choices.
In times when Americans are saving less money than ever, and the general culture is embracing socially degenerate activity, such economic insights are necessary to understand what’s going on throughout American society.
At the same time, Ammous’ research may shed light on even bigger acts of criminal behavior that political elites are involved in. Since Donald Trump was elected in 2016, new avenues into political research have opened up.
Previous sacred cows are fair game for investigative journalism. The Bitcoin Standard may be one of several pieces of literature that will get people to look into the behavior of power elites and potentially unveil a list of well-kept secrets that could sully politicians’ images in the eyes of the public.