Pull out just about any economic textbook, and it will tell you that Keynes’s General Theory (1936) was revolutionary—that the integration of countercyclical fiscal and monetary policies to smooth out boom and bust cycles was unique.
haha did they ever claim it was apological? it's expressly political. and it also ensures that it becomes a competition to spend more, because you'll be voted out if you try to save - all of which benefits the central banks.
"...the false polarization of Top Down (Keynesian) vs Bottom Up (Austrian School) thinking which has blinded so many citizens across the west to the real history of the American System, while also exploring how hyperinflation, austerity, speculation and war have de-stabilized humanity for hundreds of years."
Reading your work has brought back memories of Ayn Rand and her various takedowns of Keynes, Rawls, and others in her newsletters The Objectivist and later The Ayn Rand Letter. That refugee from communism sure knew what was up.
Great recent video on Keynes:
https://www.youtube.com/watch?v=uZYAFaHSsZY
haha did they ever claim it was apological? it's expressly political. and it also ensures that it becomes a competition to spend more, because you'll be voted out if you try to save - all of which benefits the central banks.
t/y
Here are some links about discussion of:
"...the false polarization of Top Down (Keynesian) vs Bottom Up (Austrian School) thinking which has blinded so many citizens across the west to the real history of the American System, while also exploring how hyperinflation, austerity, speculation and war have de-stabilized humanity for hundreds of years."
https://youtu.be/L34BpyV4fBQ?si=r1s4K5GPX5xMP0Kd
https://open.substack.com/pub/matthewehret/p/how-to-save-a-dying-republic-part-288?utm_source=share&utm_medium=android&r=1dvul1
*links to discussion of:*
Reading your work has brought back memories of Ayn Rand and her various takedowns of Keynes, Rawls, and others in her newsletters The Objectivist and later The Ayn Rand Letter. That refugee from communism sure knew what was up.