The essential stupidity of Keynes in 9 lines!!

EdwardBaiamonte

Platinum Member
Joined
Nov 23, 2011
Messages
34,612
Reaction score
2,174
Points
1,100
"That is why a war has always caused intense industrial activity. In the past orthodox finance has regarded a war as the only legitimate excuse for creating employment by governmental expenditure. You, Mr President,(FDR) having cast off such fetters, are free to engage in the interests of peace and prosperity the technique which hitherto has only been allowed to serve the purposes of war and destruction.

.....as for example the rehabilitation of the physical condition of the railroads. The object is to start the ball rolling. The United States is ready to roll towards prosperity, if a good hard shove can be given in the next six months."-JM Keynes
 
Back
Top Bottom