In
“My Dear Li” (correspondence between Werner Heisenberg and
his wife, Elizabeth), Werner Heisenberg wrote to his wife on 9/1939,
“.
. . Your mother revealed a very
deep-seated hatred of England, beyond of all rational thinking, which
probably stems from the time of the Great War and has since been
barely forgotten. . . . Nothing certain is known yet about my use in
the war. Two departments want to have me, but none has definitely
claimed me.”
John
Maynard Keynes (a man of vision) tried in vain to prevent the chance
of Hitler becoming Chancellor in 1932
Reading
this, I can not but help thinking about John Maynard Keynes, who
tried hard in vain to prevent the chance of Hitler becoming
Chancellor in 1932, as predicted in Keynes' writing of Economic
Consequence of the Peace, published in 1919, in which he wrote,
In
his The Economic Consequence of the Peace (published in 1919),
he wrote,
The policy of reducing Germany to servitude for a generation, of degrading the lives of millions of human beings, and of depriving a whole nation of happiness should be abhorrent and detestable, –abhorrent and detestable, even if it were possible, even if it enriched ourselves, even if it did not sow the decay of the whole civilized life of Europe. . . If we aim deliberately at the impoverishment of Central Europe, vengeance, I dare predict, will not limp.”
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| Keynes on Time cover |
Writing
in Dec. 1921, Keynes wrote about the Versailles Treaty. “The
reparations settlement was not wise, nor in every respect practical.
In some respects it was clearly dangerous.”
Keynes
resigned from his position as the economic counselor while
negotiating Versailles Treaty as his vehement opposition of harsh
economic punishment against Germany fell to dead ears. Frances's
Clemenceau and America's Wilson didn't understand him. Britain's
Lloyd George was sympathetic to his view, but ignored, facing the
pressure from re-election as the public wanted the Germans to be
punished as much as possible.
There
is no argument that the mass of German people turned to Hitler Nazism
because of economic hardship, which was partly caused by the burden
of the high compensation. The bitter feeling of Elizabeth
Heisenberg's mother was not isolated in the pre-war (WWII) Germany.
Elizabeth's family are educated intellectuals, very decent people.
The
collect guilt of German people is always the topic of interest in my
readings. Sometimes I felt their guilt can be forgiven or at least
mitigated because of the economic circumstance under which they
embraced Hitler, hoping he could bring them out of the economic
calamity.
I
know little about Keynesian economics; but I know after WWII most of
the western world governments set up their economic policy following
his mind and views. I got an impression that Keynesian economics is
more liberal generally embraced by Democrats. The government bail
out for the 2007-2008 financial crisis is Keynesian economics at
work.
The
conservative right wing (often Republican) economists attack
Keynesian economics unfairly
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| Bloomsbury Group: Russell sitting in the center |
A
5/7/2013 NY Times article (Keynes' biggest mistake) criticizes
Keynes' lack of long term view. The Harvard historian Niall Ferguson
blamed this to Keynes' homosexuality. Ferguson claimed that, those
without children, as is the case with most gay men and women, would
have less of a long-term view of the world.
Ferguson
has since apologized for his off-the-cuff derogatory comment, but his
opinion of Keynes having a short term view stood. By the way many
conservative Republican economists often attack Keynesian economics
by attacking his homosexuality, this is misguided and uncalled for.
Nobody
(not George Lloyd, not Clemenceau, not Wilson, or their economic
advisers) had a better long term view than Keynes when he alone saw
the inevitable consequence of the high compensation of Germany.
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| John Keynes (right) |
Rarely
do I read about economists, John Maynard Keynes is the exception as
he is one of the Bloomsbury Group, about which I read extensively for
a while many years ago. T.S. Eliot, Bertrand Russell, Virginia
Woolf, D.H. Lawrence, W.B. Yeats and Lytton Strachey are all the
frequent visitors to Lady Ottoline Morrell's houses, where the
Bloomsbury Group met.
A
1968 biography of Lytton Strachey revealed that Strachey was one of
Keynes' partners/lovers.
On
our London visit a few years ago, we came across one of the two
houses of Lady Ottoline Morrell where John Maynard Keynes frequented.





















