The Common Goal Keynes founded his whole economic program on full employment. Everything else was made subservient to that. That is merely an objective, excellent in itself. The same holds true today for the economic policy of the United States. The minute that employment statistics show a downward trend everything possible is set in motion to change it.
Full employment has a wonderful appeal.
Unless it is realized that full employment is the center of gravity in all thinking in the United States, it is not possible to see in the right perspective what is going on. The high road is noncoercion, freedom, honesty in regard to all activities, in respect to all labor, business and money matters. It is the road Scripture outlines, and the road that genuine classical economics has graded and paved, so that it has become or can become a turnpike to prosperity. The low road is coercion by government and labor unions, followedby dishonesty in regard to money. This is the Keynesian road and the present American road.