Anderson's Economics and the Public Welfare - Henry Hazlitt - Mises Daily

Anderson's Economics and the Public Welfare - Henry Hazlitt - Mises Daily: "In connection with [Keynes] theory of stimulating consumption to cure a slump, Anderson asked him, 'Why wouldn't it be a good idea to raise white elephants in a period of depression'? And the British economist, quite unabashed, replied 'That would be just the thing.'"