“By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.”
John Maynard Keynes
Keynesian economics is very well regarded even though Keynes was not able to anticipate the Great Depression which began in 1930. He is in good company since Ben Bernanke was not able to predict the great recession of 2008. Keynes was fully invested and lost most of his personal fortune in the stock market crash.
The statue is of the famous dandy Beau Brummel.