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Currently viewing articles tagged with Keynes.
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Twenty-Two Reasons Why American Working People Hate the State
The real issue is not that people are anti-state, but that the state is anti the majority of the people.
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Keynes and ‘National Self-Sufficiency’
today’s world it may seem that I am trying to link Keynes with the autarky of, say, North Korea, but of course I am quoting the title of an article he wrote in 1933, in that prior period of great economic crisis of the 1930s, in which he argued the case for national self-sufficiency or, more precisely, for less international finance and less international trade. “I would sympathize… with those who would minimize rather than those who would maximize, economic entanglement among nations [a marvelous phrase]. Ideas, knowledge, science, hospitality, travel – these are the things which should of their nature be international. But let goods be homespun whenever it is reasonably and conveniently possible, and, above all, let finance be primarily local.”
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