Keynesianism Loves the Total State

J.M. Keynes’s Famous Foreword to the 1936 German Edition of the General Theory

Historians write about economics with a fearful and trembling hand, but economists brashly and cheerfully tackle historical enterprises as if they enjoyed some special commissioned prerogative. What follows this brief introductory material is not an expository essay but a document for all to examine: economists, historians, and the general reader alike.

State Interference

I desire, in this paper, to give an explanation and justification of extreme prejudice against State interference, and I wish to begin with a statement from history of the effect upon the individual of various forms of the State.

Something to Chew On

I’m no Crunchy Con, but I confess to being sympathetic to the organic food movement in the United States. Although I do not always buy organic, I am glad that the market caters to the segment of the population that does. Locally-grown and otherwise farm fresh meat, vegetables, milk, and eggs often taste better and are healthier than the output of the mega-farm operations in other parts of the country, although you pay a premium for them.

Equality

The assertion that all men are equal is perhaps the purest falsehood in dogma that was ever put into human language; five minutes’ observation of facts will show that men are unequal through a very wide range of variation.