John Maynard Keynes
109 citations

[T]he theory of output as a whole, which is what the following book purports to provide, is much more easily adapted to the conditions of a totalitarian state, than is the theory of production and distribution of a given output produced under the conditions of free competition and a large measure of laissez-faire. ✨ The General Theory of Employment, Interest and Money. Book by John Maynard Keynes, Preface to the German Edition, February, 1936.

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