Wednesday, September 07, 2016

Keynesianism Has Resulted In
Stagnation & Turmoil
"Western intelligentsia is primarily concerned with securing privilege and power for itself. At one time such status was gained by honest inquiry into social questions and issues, now it is obtained in the justification of the expansion of state power. .. Societies are the product of ideas. Since the release of the General Theory, the Western world has been under the destructive sway of Keynesianism, which has resulted in stagnation, financial turmoil, and eventual collapse. Until Keynes and his nutty theories are rejected, the economic malaise will continue."
- Acting Man posted essay
LINK HERE to the essay

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