"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Keynesian Predictions Vs. American History
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Austrian predictions vs. American history is also as sadly revealing of just how poorly both sides of this religio-economic debate understand reality.
The Austrian vs. Keynesian debate is as compelling as the debate of Calvinism vs. Arminianism, because both sides hold essentially the same false premises.