Occupation: Economist Birth: October 9, 1899 Death: June 19, 1946
Private property in the instruments of production is an institutional device both for dispersing power and for securing effective organization of pro….
Attempting mischievous and salutary irritation of his peers ... Keynes may only succeed in becoming an academic idol of our worst cranks and charlata….
Economics is primarily useful, both to the student and to the political leader, as a prophylactic against popular fallacies..
The libertarian good society lies... in the maximum dispersion of property compatible with effective production or, as process, in progressive reconc….