In order to conquer the world of economics with his new theory, it was critical for Keynes to destroy his rivals within Cambridge itself. In his mind, he who controlled Cambridge controlled the world.

The picture of the free market is necessarily one of harmony and mutual benefit; the picture of State intervention is one of caste conflict, coercion, and exploitation.

On the market, all is harmony. But as soon as intervention appears and is established, conflict is created, for each may participate in a scramble to be a net gainer rather than a net loser - to be part of the invading team instead of one of the victims.

Where did Keynes stand on overt fascism? From the scattered information now available, it should come as no surprise that Keynes was an enthusiastic advocate of the 'enterprising spirit' of Sir Oswald Mosley, the founder and leader of British fascism, in calling for a comprehensive 'national economic plan' in late 1930.

The way I look at it is this, as Republicans, we look for less government interference in our lives.

Vox populi vox dei: the voice of the people is the voice of God. The slogan was useful for those who first attempted to substitute the people for God as the source of political authority. Their attempt was ultimately so successful that God no longer seems to be needed in government.

With an economy that is going strong and a belief that tomorrow will be better than today, it may be easier to just shrug it off if, say, an internet service you use like WhatsApp gets turned off by the government as the Communist Party's national congress approaches.

State constitutions typically provide that the state first has to service its debt, then make it pension payments, and then pay for services. What we don't know is whether that order will be enforced. And ultimately, the busted state is going to be looking to the federal government for a bailout. Think Greece, but on a much bigger scale.