Thursday, April 8, 2010

Totalitarian and Keynes


The theory of aggregate production, which is the point of the following book, nevertheless can be much easier adapted to the conditions of a totalitarian state than the theory of production and distribution of a given production put forth under conditions of free competition and a large degree of laissez-faire
John Maynard Keynes (in his foreword to the 1936 German edition of his General Theory)

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