• Henry Ford, in a sense, was the first Keynesian. He paid his assembly workers high wages so they could afford to buy his cars.

    Robert Kuttner: Henry Ford, in a sense, was the first Keynesian. He paid his assembly workers high wages so they could afford to buy his cars.
    Robert Kuttner (1987). “The Economic Illusion: False Choices Between Prosperity and Social Justice”, p.169, University of Pennsylvania Press