You’re a politician. Better yet, you’re the president of the United States, at the height of centralized government power in this country. You take office at the beginning of what is seen as a new era. Books have been written about you, and titles bestowed upon you, such as “Child of Promise,” or “Hope” of America. You have the willingness of the masses behind you.

Where do you turn for your ideas on economic policy?

Answer: You turn to the economist who unabashedly validates the massive expansion of your own power, who thinks that elite intellectuals like you are the only ones who deserve the power to run the world’s greatest political and economic nation: John Maynard Keynes.

Read the rest: logos redux :: Keynesian crack for political coke-addicts :: February :: 2009.