The trouble with Keynes

source: No safe havens

• Keynes' milieu was that of the "Cambridge Apostles," a once-Christian debate society that changed under Keynes' leadership
• Keynes said that the chief benefit of Moore's atheism was that "we entirely repudiated a personal liability on us to obey general rules.
• Part of the traditional wisdom that the Keynes circle repudiated was classical economics, which emphasized work and savings in an environment of economic freedom and sound money.  [emphasis added]

This is how you get an economic model that says digging holes and filling them up again is a job, which is better than nothing.  Actually, in my view, it is worse than nothing.  Because when that same money, you can pay someone to get trained in something useful.  By doing something completely useless and worthless, you have wasted resources which could have been put to work more productively.

I'm not against all spending all the time.  I am against wasteful and useless spending which this type of mentality encourages.  It is without scruple and lends itself to corruption.  It seems to me that this must be purged from our system before it does us in.