Liberty Quotation of the Day: Lew Rockwell on Keynesianism and Coercion

Quote Posted on Updated on

Lewrockwell“When economists call for boosting ‘aggregate demand,’ they do not spell out what this really means.  It means forcibly overriding the voluntary decisions of consumers and savers, violating their property rights and their freedom of association in order to realize the national government’s economic ambitions.  Even if such programs worked in some technical economic sense, they should be rejected on grounds that they are incompatible with liberty.”

Lew Rockwell, “Hitler’s Economics” [2003]