My interview with Claudio Grass, The Illusions of Keynesianism Create a Morally Corrupt Society, was originally published at LewRockwell.com.
In this interview, I discuss Keynesianism, Modern Monetary Theory, Covid lockdowns, India’s institutional failures, China, and the consequences of trying to create wealth through currency printing. The central issue is not merely economic. Keynesianism encourages magical thinking, distorts incentives, rewards political connection over production, and gradually corrupts the moral habits on which a productive society depends.