John Maynard Keynes

John Maynard Keynes in Laissez-faire and Communism:

"I criticize doctrinaire State Socialism, not because it seeks to engage men's altruistic impulses in the service of Society, or because it departs from Laissez-faire, or because it takes away from man's natural liberty to make a million, or because it has courage for bold experiments.

All these things I applaud.

I criticize it because it misses the significance of what is actually happening; because it is, in fact, little better than a dusty survival of a plan to meet the problems of fifty years ago, based upon a misunderstanding of what someone said a hundred years ago."

It's arguable but Keynesian economics is largely excrement, believing government spending is the substance of an economy. Nevertheless, even a blind pig occasionally finds an acorn.