Hayak vs. Keynes

One of the greatest debates is between Hayak and Keynes.  Keynes has generally lost, but politicians keep loving Keynes because it given then an endless license to spend more than they collect in taxes.  Keynes promotes money printing, deficits and generally juicing the economy at all costs which politicians love.  After all the current solution to too much debt is to spend even more money we don´t have.


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