Wednesday, September 24, 2008

How Bill Buckley Brought the Wall Street Crash of 2008

The conservative movement is based on a misunderstanding. The first generation of post-War conservative intellectual activists conceived of Roosevelt's New Deal and the global rise of Keynesianism in the post-War years as a decisive step towards socialism. The opposite was the case: Roosevelt and Keynes sought to save capitalism, not subvert it....

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