| Milton Friedman: ‘Keynes was a great economist’ 2 days ago by Bevan Sabo This blog is very critical of Keynesian economics, due to the fact that it is wrong. However, we’re not so critical of John Maynard Keynes. Thankfully, we’re not alone in our opinions: Keynes was a great economist. In every discipline, progress comes from people who make hypotheses, most of which tu ... Free Market Mojo - freemarketmojo.wordpress.com · Rank: 29,539 · 24 references |
| Know Thy Enemy 2 days ago by Bevan Sabo While I believe Keynesian economics to be both flawed and immoral, he gives a very chilling account of how inflation can destroy a capitalist system. Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, g ... Free Market Mojo - freemarketmojo.wordpress.com · Rank: 29,539 · 24 references |