British historian Niall Ferguson has apologised for remarks suggesting that economist John Maynard Keynes didn't care about future generations because he was gay and childless.
The academic and author, a professor at Harvard University, described as "stupid" the comments at a conference in California last Thursday, made in an "off-the-cuff" answer following a presentation.
He said he was asked about Keynes' famous observation that, "In the long run we are all dead". A blogger present posted a transcript on the remarks, while other attendees also voiced surprise.
"Keynes was a homosexual and had no intention of having children. We are NOT dead in the long run, our children are our progeny,'' Ferguson was quoted as saying by blogger Lance Reports on his StreetTalk Live website.
"It is the economic ideals of Keynes that have gotten us into the problems of today. Short term fixes, with a neglect of the long run, leads to the continuous cycles of booms and busts,'' he added.