“But dealing with Keynesianism and central banking is not fundamentally different from what Adam Smith was facing in 1776. Keynesianism is just another form of mercantilism.” Retrospective: 40 Years of Remnant Review

We are still burdened with Keynesianism. We are still burdened with central banks. We are still burdened with fiat money around the world. We are still burdened with the welfare state. We are still burdened with the public school systems around the world. So, we have a lot to do. But dealing with Keynesianism and central banking is not fundamentally different from what Adam Smith was facing in 1776. Keynesianism is just another form of mercantilism. Free-market arguments work against Keynesianism in the same way that they work against mercantilism.

via Retrospective: 40 Years of Remnant Review.

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