That’s not fair to Keynes. Keynes never represented indefinite profligacy as any part of his work. What he did represent was that Government expenditures should be counter-cyclical, such that during the “Up” phase of the economic cycle, Government would accumulate reserves, which could then be depolyed during the down part of the economic cycle. This also used to be described as “Common sense”.
The term “Keynsianism” was usurped by the Politicians (Politicians, Period perhaps should have featured in your list?) to justify indefinite profligacy, so your list might perhaps be amended to state “Keynsianism as is incorrectly defined in MSM and by today’s Politicians”
