Make us your home page
Instagram

Today’s top headlines delivered to you daily.

(View our Privacy Policy)

Harvard professor apologizes for comments on John Maynard Keynes

Niall Ferguson suggested that a gay economist was not as invested in future generations.

Niall Ferguson suggested that a gay economist was not as invested in future generations.

NEW YORK — Niall Ferguson, a Harvard history professor and author, apologized on Saturday for saying economist John Maynard Keynes was less invested in the future because he was gay and had no children.

Ferguson said his remarks at an earlier conference were "as stupid as they were insensitive."

During a question-and-answer session after a prepared speech at the Altegris Strategic Investment conference in Carlsbad, Calif., on Thursday, Ferguson was asked to comment about Keynes, an influential 20th century British economist who advocated government spending as a way to make up for lagging demand in a down economy.

Ferguson suggested that Keynes' philosophy was shaped by his homosexuality. Keynes, therefore, had no children so he wasn't as invested in future generations as others might be, Ferguson said.

The remarks were reported by the website of Financial Advisor magazine and other online publications.

Saturday, Ferguson acknowledged the remarks and said he "deeply and unreservedly" apologized.

"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," he said in a statement in response to an emailed query.

"It is obvious that people who do not have children also care about future generations," he added.

Harvard professor apologizes for comments on John Maynard Keynes 05/04/13 [Last modified: Saturday, May 4, 2013 9:32pm]
Photo reprints | Article reprints

Copyright: For copyright information, please check with the distributor of this item, Associated Press.
    

Join the discussion: Click to view comments, add yours

Loading...
  1. Rays late-night bullpen shuffle: Alvarado, Pruitt down; Kolarek up

    Blogs

    The Rays shuffled their bullpen again after Tuesday's game, sending down struggling LHP Jose Alvarado along with RHP Austin Pruitt to Triple-A Durham, and turning next to LHP Adam Kolarek, who will make his major-league debut at age 28,

  2. Tampa Bay Times honored for top investigative story in Gerald Loeb annual business awards

    Business

    The Tampa Bay Times was a co-winner in the investigative category for one of the highest honors in business journalism.

    Tampa Bay Times current and former staff writers William R. Levesque, Nathaniel Lash and Anthony Cormier were honored in the investigative category for their coverage of "Allegiant Air" in the 60th Anniversary Gerald Loeb Awards for Distinguished Business and Financial Journalism. 
[JAMES BORCHUCK   |   Times

]

  3. Pasco woman gives birth to child fathered by 11 year old, deputies say

    Crime

    A Port Richey woman was arrested Tuesday, nearly three years after deputies say she gave birth to a child fathered by an 11-year-old boy.

    Marissa Mowry, 25, was arrested Tuesday on charges she sexually assaulted an 11-year-old and gave birth to his child. [Hillsborough County Sheriff's Office]
  4. For good of the Rays, Tim Beckham should embrace move to second

    The Heater

    PITTSBURGH — The acquisition of slick-fielding shortstop Adeiny Hechavarria said a lot of things, most notably that the Rays are serious about making in-season moves to bolster their chances to make the playoffs, with a reliever, or two, next on the shopping list.

    PITTSBURGH, PA - JUNE 27:  Tim Beckham #1 of the Tampa Bay Rays celebrates with teammates after scoring during the eighth inning against the Pittsburgh Pirates at PNC Park on June 27, 2017 in Pittsburgh, Pennsylvania. (Photo by Joe Sargent/Getty Images) 700011399
  5. St. Petersburg showdown: Kriseman faces Baker for first time tonight at the Rev. Louis Murphy Sr.'s church

    Local Government

    A standing-room-only crowd packed a Midtown church banquet hall Tuesday to witness the first face-off between Mayor Rick Kriseman and former mayor Rick Baker in what is a watershed mayoral contest in the city's history.

    Former Mayor Rick Baker, left, is challenging incumbent Mayor Rick Kriseman, right, to become St. Petersburg mayor.