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 HazlittTag: economics obama fdr progressivism keynes
..either immediately or ultimately every dollar of government spending must be raised through a dollar of taxation. Once we look at the matter. In this way, the supposed miracles of government spending will appear in another light.
Henry HazlittTag: mistake waste keynes wrongheaded
I find economics increasingly satisfactory, and I think I am rather good at it. I want to manage a railroad or organise a Trust or at least swindle the investing public
John Maynard KeynesTag: keynes
This book (Jarod Kintz's book) is trash. I mean, I assume it is, because that's where I found it while scrounging for lunch. However, I must admit that I haven't read it. I would have, but I am homeless, mainly due to my illiteracy (though Big Government, Keynesian monetary policy, and my struggle with alcoholism certainly played a large role).
Dora J. ArodTag: reading books absurd government monetary-policy review big-government admission keynes keynesian
When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done
John Maynard KeynesTag: capital banking keynes casino
In this autumn of 1919, in which I write, we are at the dead season of our fortunes.
John Maynard KeynesTag: france world-war-1 keynes versailles paris-peace
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