Before J. M. Keynes and Stephanie Kelton, there was John Law. The promise of free money never seems to die.
C.J. Maloney
C.J. Maloney has three decades’ experience in the financial industry. The opinions expressed here are those of the author alone and not any of his employers, future, past nor present. He is the author of Back to the Land: Arthurdale, FDR’s New Deal and the Costs of Economic Planning (Wiley, 2011) and is currently working on a book regarding the origins of the Federal Reserve System. He may be reached at peloponny1@aol.com