Here’s more from Keynes:
It is the method of modern statesman to talk as much folly as the public demand and to practise no more of it than what is compatible with what they have said, trusting that such folly in action as must wait on folly in word will soon disclose itself as such, and furnish an opportunity for slipping back into wisdom – the Montessori system for the child, the Public.”
I wonder what Bryan Caplan would say about this?
