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«April 2011 Cordelius Ilgmann Centrum für angewandte Wirtschaftsforschung University of Muenster Am Stadtgraben 9 D-48143 Münster Germany ...»

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Therefore it is plausible to assume that Keynes’ attitude towards Gesell can tell us important things about the former’s theory, a fact that was recognized by Dillard in the 1940s, but failed to influence the outcome of the debate about the essence of the General Theory. Thus, Keynes’ extensive praise of and theoretical similarities with Gesell lends new credibility to the claim made by the Post Keynesian School, but also various scholars of the history of thought, that there was never such a thing as a ‘Keynesian Revolution’ in mainstream macroeconomics (Davidson, 2005, pp. 451see also Laidler, 1999) and that the countercyclical fiscal policies associated with Keynes are just ‘Keynesian’ by name, not by substance. A closer examination of the Gesell-Keynes connection, skilfully presented by the late Dudley Dillard 1940s, could have underlined this point. In particular in this respect, Gesell is indeed a ‘strange, unduly neglected’ anarchist theorist.

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