The “Keynesian revolution” took place long before Keynes approved of it and fabricated a pseudo-scientific justification for it. What he really did was to write an apology for the prevailing policies of governments.
Private investment puts the accumulated wealth of society at the service of the consumer, that is to say, you and I.
A century later, Mises continues to demonstrate how social planners fail to comprehend the complexity of human action.
The twenty-first century Misesian model encourages and nurtures the vital intermediary institutions of society, including faith and family, and rejects libertine culture.