“Only someone as puffed up and demented as John Maynard Keynes, every left wing fascist's sainted mentor in this connection, could manage to convince himself that taxing America's Productive Class can restore it to prosperity. In point of fact, it's like screwing for chastity, guzzling alcohol for sobriety, or gorging to fight gluttony. It's like killing indiscriminately for peace — oops, Democrats, Republicans and their moral and spiritual ilk have devoutly believed that particular bit of perverse nonsense since at least the War of 1812.”

— L. Neil Smith

"A Little Austrian Flea".

Adopted from Wikiquote. Last update June 3, 2021. History

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L. Neil Smith 99

American writer 1946

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“The fact that a thesis is flawed does not mean that we should not invest in it as long as other people believe in it and there is a large group of people left to be convinced. The point was made by John Maynard Keynes when he compared the stock market to a beauty contest where the winner is not the most beautiful contestant but the one whom the greatest number of people consider beautiful. Where I have something significant to add is in pointing out that it pays to look for the flaws; if we find them, we are ahead of the game because we can limit our losses when the market also discovers what we already know. It is when we are unaware of what could go wrong that we have to worry.”

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“The people in our country and in America and in all West European countries, they have to gorge and guzzle so that they don't even start to think about the fact that we have something to do with Vietnam or what it might be about, OK?”

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“I believe that a prosperous, democratic Pakistan will be a steadfast partner for America, a peaceful neighbor for India and a force for freedom and moderation in the Arab world.”

George W. Bush (1946) 43rd President of the United States

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Source: Hitch-22: A Memoir

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L. Neil Smith 99

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