“Economists who simply advised leaving the economy alone, governments whose first instincts, apart from protecting the gold standard by deflationary policies, was to stick to financial orthodoxy, balance budgets and cut costs, were visibly not making the situation better. Indeed,… — Eric J. Hobsbawm Copy Share Image
“Along with libertarians such as Milton Friedman, an especially influential economist, they pointed with alarm at the dramatic increase in the number of government programs, bureaucracies, and employees that the Kennedy and Johnson administrations had created.” — James T. Patterson Copy Share Image