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Life is the standard by which to judge good and evil | Objectivist

Notes (20)

Profound. β€œThe progress of civilization has meant the reduction of employment, not its increase. It is because we have become increasingly wealthy as a nation that we have been able virtually to eliminate child labor, to remove the necessity of work for many of the aged and to make it unnecessary for millions of women to take jobs.” Excerpt From The Failure of the β€œNew Economics”: An Analysis of the Keynesian Fallacies Henry Hazlitt This material may be protected by copyright.
2025-02-23 12:42:47 from 1 relay(s) View Thread β†’
So many of our modern day ills are due to Keynes. Hazlitt puts it insightfully: β€œThe chief difference between Marxism and Keynesism is that for the former the employer is the chief villain, and for the latter the lender, with his nasty and pointless liquidity-preference.” Henry Hazlitt
2025-02-17 11:16:06 from 1 relay(s) View Thread β†’