Keynesianism quotes:

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  • Economics departments are dominated by Marxism, which is taken straight or on the rocks, in the form of Keynesianism. -- Ayn Rand
  • The essence of Keynesianism is its complete failure to conceive the role that saving and capital accumulation play in the improvement of economic conditions. -- Ludwig von Mises
  • For better or worse, US Keynesianism was so far ahead of where it started. I am a cafeteria Keynesian. You know what a cafeteria catholic is? -- Paul Samuelson
  • But public works, economic protectionism, cheap money, 'deficit-financed government spending,' and 'the animal spirits of the spendthrift' in the service of boosting 'consumption demand'... Doesn't Keynesianism simply appeal to the worst in human nature? -- Ilana Mercer
  • Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor. -- Ha-Joon Chang
  • 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. -- Ludwig von Mises
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