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" The “virtue” of Keynes’s teaching is that it praised thriftlessness, reckless spending, and unbalanced budgets and was therefore extremely palatable to the politicians in power. "

Henry Hazlitt , The Failure of the New Economics


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Henry Hazlitt quote : The “virtue” of Keynes’s teaching is that it praised thriftlessness, reckless spending, and unbalanced budgets and was therefore extremely palatable to the politicians in power.