The economic doctrines of Hayek and Von Mises are best in creating wealth for the masses. But what if you are an “elite” and wish to game the system? In that case, Keynesianism might be your preferred option. It provides an excuse to justify crony capitalism. A large corporation executive will be able to arrange meetings with “public servants” who also graduated from the top universities. The regulated often place the regulators under their thumb. Together they can stick it good and hard to smaller companies.

John Kerry and other so-called wealthy Progressive know that they can hire expensive accountants and tax attorneys to help them avoid paying the new taxes. Poorer business owners cannot afford this luxury. Guys and gals like Kerry also have contacts with elected officials and government bureaucrats that can provide them with a high degree of protection.