“Although we cannot place all the blame for the dismal condition of LDCs on Keynesian economics, it bears a heavy responsibility for much of the pain and suffering in the Third World.”

Source: White Oleander

Source: Everything Belongs: The Gift of Contemplative Prayer (1999), p. 129

Just after a broadcast interview with four newsmen (6 January 1971), according to Howard K. Smith, one of the interviewers. "Nixon Has Shifted to Ideas of Keyness: ABC Commentator" http://news.google.com/newspapers?id=awpdAAAAIBAJ&pg=916,487551
1970s

Speaking on issues of two duties of the two ideals of conduct and the two forms of duty quoted in page=488.

Source: Straight From The Heart (1985), Chapter Five, A Balancing Act, p. 108

Source: Dictionary of Burning Words of Brilliant Writers (1895), P. 376.

the misdiagnosis of unemployment, the fear of saving, and the unjustified faith in government intervention — affected the fundamental ideas of policy makers for a generation and altered such basic institutions of our economy as the tax laws, the social insurance programs and the financial system. Changing these deeply ingrained aspects of economic life can happen only slowly. But the economics profession has undoubtedly begun to re-examine and re-evaluate the Keynesian notions that have been so dominant for the past 35 years. There is a return to older and more basic economic truths and an attempt to adapt these ideas to the changing conditions of technology and affluence. From this is emerging a new view of unemployment, of saving, and of the role of government.
"The Retreat from Keynesian Economics", The Public Interest (1981).

#82
The Way (1950)

Vol. 1, p. 44; Letter 10.
Clarissa (1747–1748)