Intellectual inertia and Keynesianism

posted by
June 13, 2011
Daily Anarchist
by Sima Qian  
Posted in Commentary

"Anarchists face many challenges establishing a state-free society. One of the main challenges we face is the fact that an idea that is widely held will continue to be widely held. This intellectual inertia causes false, pro-state ideologies to be established and propagated long after they have been disproved. An excellent example of this is Keynesianism, which is used to justify some actions of the state. It was exploded by the stagflation of the ‘70’s, but it is still the most taught macroeconomic theory." (06/13/11)

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