NEW YORK (AP) — Niall Ferguson, a Harvard history professor and author, apologized on Saturday for saying economist John Maynard Keynes was less invested in the future because he was gay and had no children.
Ferguson said his remarks at an earlier conference were "as stupid as they were insensitive."
During a question-and-answer session after a prepared speech at the Altegris Strategic Investment conference in Carlsbad, Calif. on Thursday, Ferguson was asked to comment about Keynes, an influential 20thcentury British economist who advocated government spending as a way to make up for lagging demand in a down economy.
Ferguson suggested that Keynes philosophy was shaped by his homosexuality. Keynes, therefore, had no children so he wasn't as invested in future generations as others might be, Ferguson said.
The remarks were reported by the website of Financial Advisor magazine and other online publications.
On Saturday Ferguson acknowledged the remarks and said he "deeply and unreservedly" apologized.
"I should not have suggested - in an off-the-cuff response that was not part of my presentation - that Keynes was indifferent to the long run because he had no children, nor that he had no children because he was gay," he said in a statement in response to an e-mailed query.
"It is obvious that people who do not have children also care about future generations," he added.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Camden County Sheriff Tony Perry said that during the last two weeks, incidents of breaking and entering and home or vehicle larceny have increased in two areas of the county.
A Facebook post helped Elizabeth City Police identify and locate the suspect of a hit-and-run incident involving a 3-year-old this week.
As Newport News Fire Chief Scott Liebold plans to retire at the end of this month, the city is looking for his replacement -- and they want your help.
The honeymoon is over in Norfolk. If you get caught running a red light at two intersections with new cameras, you'll get a ticket in the mail.
Virginia Beach police are investigating items found in an Oceanfront hotel room consistent with manufacturing narcotics Friday.
The biggest holiday party in Hampton Roads on Friday night -- Hollydazzle is back at City Center.
Governor Bob McDonnell has set the date for a special election for Virginia's 6th District senate seat.