John Maynard #Keynes is perhaps most famous for his 1936 Magnum Opus, The General #Theory of #Employment, #Interest, and #Money in which he argued for a more active role of #FiscalPolicy in #Macroeconomic management...
It is hardly disputable that #Keynes' work, and his subsequent roles during the #BrettonWoods era marked a significant intellectual shift in the way we have come to understand #Economics as a discipline...
I wonder, how many of us were aware that #Keynes had a #Passion for #Art and that he was quite the #Connoisseur in this regard? I would wager that, if any, not many...
A recent #Study based at #Cambridge Judge #BusinessSchool shows #Keynes made ‘extraordinary’ returns as a collector of #Picasso, #Matisse and other modern masters, while highlighting the limitations of art price indexes...
Apparently, the #Cezanne, #Renoir and #Picasso-filled #Art #Collection of #Economist #Keynes has generated “extraordinary” long-term returns above government #bonds and nearly equal to #equities...
#Keynes invested less than £13,000 between 1917 & 1945 on his extensive #Art #Portfolio, which by the beginning of 2019 had an estimated open market value of more than £76 million – an internal rate of return of 6.1 per cent in real terms (10.4 per cent in nominal terms)...
Quite extraordinary, if you do not mind my saying so...
In closing, assuming you are interested in #Reading a bit more about this juxtaposition between #Art & #Economics: The Case of John Maynard Keynes, get your hands on the #Cambridge Judge #BusinessSchool #Study screenshot below... 
@threadreaderapp kindly unroll...
