#keynes

There are men regarded today as brilliant economists, who deprecate saving and recommend squandering on a national scale as the way of economic salvation; and when anyone points to what the consequences of these policies will be in the long run, they reply flippantly, as might the prodigal son of a warning father: "In the long run we are all dead." And such shallow wisecracks pass as devastating epigrams and the ripest wisdom. ↗

— Henry Hazlitt

#fdr #keynes #obama #progressivism #men

There are few genuine conservatives within the U.S. political system, and it is a sign of the intellectual corruption of the age that the honorable term 'conservatism' can be appropriated to disguise the advocacy of a powerful, lawless, aggressive and violent state, a welfare state for the rich dedicated to a lunatic form of Keynesian economic intervention that enhances state and private power while mortgaging the country's future. ↗

— Noam Chomsky

#conservatism #economics #intellectuals #keynesianism #law

Neither claimed any responsibility for Milton Keynes, but both reported it as a success. ↗

— Terry Pratchett

#humor #milton-keynes #humor