Any thoughts on free market economics and Keynesian economics.

The way I understand Nixon was trying to be a Keynesian using price controls. I remember only being allowed to buy as much fuel to put out a crop as what we bought the year before. If we rented extra land then we kinda like inherited what the farmer before had used, that of coarse cut back his allotment. It wasn't any thing like ration coupons but was manged strictly by our fuel supplier. Of coarse I'm sure some had more wiggle room than others.

Then there was another Keynesian thing a few years ago where the Gov bailed out those that was too big to fail instead of letting market forces weed them out.

Any comments on the 2 economic theories ?