“The primary purposes of the political pamphlets of the early 1700s were neither to enlighten nor educate the masses, but to incite partisan conversation and spread commensurate ideas . . . Facts were not permitted to fetter the views they espoused, and the restraints of objective journalistic credibility were discarded by pamphleteers bent on promoting subjective slant to an insatiable general public for whom political dissonance was an integral part of social interaction.” PoliticsJournalismPamphletsPamphleteers Book:Letters to John Law Source: Letters to John Law
“Every time the politicians we elect attempt to increase our standard of living or employment prospects by increasing government spending to stimulate economic activity (‘Keynesian economics’ as it is called); and every time a national bank tries to increase our standard of living or employment prospects by stimulating economic activity by increasing the money supply (‘quantitative easing’ as it is called), each of those actions has its ideological origins in the ideas contained in John Law’s Money and Trade Considered, and the actions of John Law’s Mississippi Scheme.” PoliticsEconomicsFinanceMonetary PolicyJohn LawEconomic StimulusMoney And Trade ConsideredMississippi SchemeMoney SupplyQuantitive Easing Book:John Law: The Lauriston Lecture and Collected Writings Source: John Law: The Lauriston Lecture and Collected Writings