p. 61
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This odd effect was due to the fact that a new Socialist enterprise entered the market. It took over Fabian socialism as its product, but it found a new and attractive brand name for its goods. It was called the Planned Economy.

— John Thomas Flynn

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "This odd effect was due to the fact that a new Socialist enterprise entered the market. It took over Fabian socialism as its product, but it found a new and attractive brand name for its goods. It was called the Planned Economy." in the context of "p. 61" to mean that wisdom is timeless.

Source: Wikiquote: "John Thomas Flynn" (Quotes, 1944–1949, The Road Ahead: America’s Creeping Revolution (1949): New York: NY, Devin-Adair Company, 1949, as republished by the Mises Institute) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
John Thomas Flynn

About John Thomas Flynn

John Thomas Flynn (October 25, 1882 – April 13, 1964) was an American journalist known for his opposition to President Franklin D. Roosevelt and the United States' entry into World War II.