The unprecedented success of Keynesianism is due to the fact that it provides an apparent justification for the 'deficit spending' policies of contemporary governments. It is the pseudo-philosophy of those who can think of nothing else than to dissipate the capital accumulated by previous generations.


Planning for freedom, and sixteen other essays and addresses (ed. Libertarian Press, Incorporated, 1980)


The unprecedented success of Keynesianism is due to the fact that it provides an apparent justification for the 'deficit spending' policies of...

The unprecedented success of Keynesianism is due to the fact that it provides an apparent justification for the 'deficit spending' policies of...

The unprecedented success of Keynesianism is due to the fact that it provides an apparent justification for the 'deficit spending' policies of...

The unprecedented success of Keynesianism is due to the fact that it provides an apparent justification for the 'deficit spending' policies of...