A few years ago, John Maynard Keynes and F.A. Hayek traveled to the future to stage an economic rap battle. John Maynard Keynes (the Standard American Diet in human form) and Friedrich August von Hayek (the economist on Team Paleo). The Austrian economic perspective really does help explain how we got to where we are with mass feedlot and subsidized grain production in industrialized societies. Unfettered money printing and currency devaluation brought down the Roman Empire… but this was done to prop up agricultural subsidies. In our modern times, if/when prices of grains go up, look for more government intervention in the marketplace regarding subsidies and price controls. Which will artificially make whole foods less competitive and more expensive in comparison. It will also cause healthy foods to be scarce in the event of mandated prices that make them unprofitable to produce. People’s health will grow worse as they gorge more and more on propped up grains and HFCS as this economic crisis deepens. Health care costs for the metabolically deranged will continue skyrocket until a monetary collapse. You may not be an Austrian economic adherent, but if you want affordable whole healthy food you’re more on Team Hayek than Team Keynes.
"Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem
Outside of the government socialist mass murderers of the last 100 years, the two people that have done the most damage to humanity are probably Keynes and Ancel Keys. Two peas in a pod that should have gone bowling together.