"For my part, I think that Capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative system yet in sight, but that in itself it is in many ways extremely objectionable."
- John Maynard Keynes, 1926
"[Keynes was] a man with a great many ideas who knew very little economics." - Friedrich Hayek, 1978
I’m a 30-something businessman in Chicago with a background covering engineering, logistics, technology, and finance. A blue-eyed, corn-fed Midwesterner who eagerly served as an Army officer after college and discovered economics in graduated school. A principles of economics course opened my eyes to how the world actually works, and a political economics elective class as an exchange student at a Swiss university introduced me to John Stuart Mill, Frédéric Bastiat, and Friedrich Hayek and turned my politics on its head.
Glad to see you posting again. When I first saw this chart I thought it was a joke! It was shocking to realize it is not supposed to be funny!
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