I have not read Liberty Defined yet, but I have read some excerpts via Whiskey and Gunpowder.
I particularly like this quote on Keynesianism:
“…Something did change with the publication of The General Theory. Keynes gave the governments of the world a seemingly scientific rationale for doing what governments wanted to do anyway.”The rationalization for spending and growth at all levels of governance gifted to government by Keynesian Theory is deplorable. As I have argued previously the result is that:
Over almost a century Bastardized Keynesian Theory has become the Wmap of public spending policy; it has become the dark energy behind our ever expanding national debt, and is at the heart of our current economic malaise.It is a shame that there are men who make their living off the defense of such policy.
out
No comments:
Post a Comment