[MrB]

That’s the point right there -

Keynesianism is just a facade over the advancement of communism, the growing of State power.

[Steely Tom]

That’s the point right there -

Keynesianism is just a facade over the advancement of communism, the growing of State power.

I watched the wonderful video of Milton Friedman linked in post #5 (above) and saw, to my amazement, that he made virtually the exact same statement that I made, that the theories of Keynes have been used to justify what governments want to do anyway, which is grow their power and suck in more money.

You have to take my word for it that I never watched Free to Choose before. I remember when it came out, back in the '80's; a few friends told me I should watch it, that I'd love it. I did watch a few minutes of one of the episodes, but I couldn't take it for long. Why?

1. I agreed with everything in it
2. I already knew a lot of it, having read pretty much everything Ayn Rand ever wrote when I was in college
3. It was hard to take, because it is so right and yet I knew, in my heart, that it would never be adopted; for some reason this made it painful to watch
4. Economics, even when explained by a great man like Milton Friedman, bores me to tears

Dr. Friedman asks us to believe that Keynes was against the uses to which his theory was put. Due to my great admiration for him, I will take Dr. Friedman's statement at face value; he, apparantly, knew Keynes well enough to be able to make such a statement, and I'm sure he is an honest man. However, I find this just a little hard to take. It's like being told that General Mikhail Timofeyevich Kalashnikov was really bugged by all the nasty things that were done with the rifle that bears his initials.