Central Bankism
Edward Luttwak, 14 November 1996
“... would have come out just fine. But only a few adventurous souls, and only one reputable economist, John Maynard Keynes, dared to contradict what seemed to be common sense, and even they were hesitant. The central bankers, by contrast, were utterly certain that they were right, just as they are now; and they gave exactly the same advice they are giving now; the ... ”