Even if the government spends itself into bankruptcy and the economy still does not recover, Keynesians can always say that it would have worked if only the government had spent more.
More Author Quotes
- It doesn't matter how smart you are unless you stop and think.
- Itβs amazing how much panic one honest man can spread among a multitude of hypocrites. β¨ Thomas Sowell (1993). Is Reality Optional?: And Other Essays, Hoover Inst Press
- Money goes out first to pay expenses and then comes back as profits later - if at all. The high rate of failure of new businesses makes painfully clear that there is nothing inevitable about the mone β¦ βΆ
- [A]ffirmative action in the United States has made blacks. . .who have largely lifted themselves out of poverty, look like people who owe their rise to affirmative action and other government program β¦ βΆ
- When we hear about rent control or gun control, we may think about rent or guns but the word that really matters is 'control.' That is what the political left is all about, as you can see by the ince β¦ βΆ
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