Who was the first to refute but later reiterated some of Allais's ideas?
Adam Smith
David Ricardo
John Keynes
John Nash
Answer
John Maynard Keynes, a renowned economist, initially argued against the economic views proposed by Maurice Allais, a Nobel laureate. However, Keynes later reexamined and embraced certain aspects of Allais's ideas, acknowledging their significance and worth.
The Master of Modern Economics: The Maurice Allais Quiz