The General Theory was not truly revolutionary at all but merely old and oft-refuted mercantilist and inflationist fallacies dressed up in shiny new garb, replete with newly constructed and largely incomprehensible jargon.
Murray N. RothbardTag: economics keynesianism
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 ChomskyTag: politics economics united-states law violence intellectuals conservatism aggression politics-of-the-united-states keynesianism welfare-states
Welfare's purpose should be to eliminate, as far as possible, the need for its own existence.
Ronald ReaganTag: welfare keynesianism social-programs
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