Although James Delingpole concedes that Ferguson pretty much had to apologize for his off-the-cuff remarks on Keynes, he still thinks it was the wrong thing to do:
I don’t think there’s much doubt about Keynes’s latent gayness: not without reason was he known as the ‘Queen of King’s’. And I’m not really sure that the fact that he later married and attempted (unsuccessfully) to have children proves anything very much. Unless, of course, you’re a modern, professional-offence-taking gay activist, in which case it’s the final clincher in your compelling argument that Ferguson is totally evil and really should lose his Lawrence A. Tisch professorship at Harvard right this second for — as one angry commentator put it — taking ‘gay-bashing to new heights’.
New heights? Really? As Jonah Goldberg has noted, it’s not like there’s anything particularly new or controversial in Ferguson’s theory, tossed off lightly in response to a question at an economics conference. ‘He was childless and his philosophy of life was essentially a short-run philosophy,’ wrote Schumpeter in his obituary of Keynes.
[. . .]
Which is why, of course, Niall Ferguson was forced to issue an apology. Not, I suspect — or rather, I hope — because he thought he’d done anything wrong, but because all too easily it could have become the chink in the armour into which his many enemies were able to insert their fatal stilettos. (I know whereof I speak here, you may recall.)
Here’s how it works: lots of liberal-lefties utterly loathe Ferguson for having committed the unforgivable crime of being an articulate and prominent exponent of right-wing views. Unfortunately, we don’t (yet) live in an era where voicing right-wing views is an indictable offence; so the way to get at such dangerously outspoken defenders of free markets, liberty and small government is through the back door, a bit like Al Capone eventually being done for tax evasion. Racism would have been the ideal charge (except Ferguson’s marriage to Ayaan Hirsi Ali scuppered that option); as too would perceived sexism (which did for Harvard president Larry Summers, remember); but the homophobia charge — had not Ferguson nipped it in the bud — would have surely worked its poison just as well in the end.
I perfectly understand why Ferguson apologised but I wish he hadn’t and I’m sure in his heart he knows he shouldn’t have done. As an economic historian, he’ll be familiar with Danegeld: the more you concede to the enemy, the more they’ll demand next time round.