I expect my class of '85 Yalie brother heard of this Parkerism, but did not taste its fruits.
Why the JMK-Hayek debate is over: JMK was the Warren Buffett of his generation as manager of the Oxbridge endowment Chest Fund: 12% compounded annual returns during the most difficult decades of the 20th century--from 1921-46. Hayek forecast a depression in the late '40s. Who would you bet your money on?
Best summaries of the argument are the Keynes vs Hayek rap videos: https://www.youtube.com/results?search_query=keynes+vs+hayek+rap
The first non-family investor in Amazon, Nick Hanauer, is one of the few plutocrats who gets how the system tends to saw off the tree branch upon which it sits: https://pitchforkeconomics.com/
How you don't see people like him and Jeremy Grantham's climate fund (https://www.youtube.com/watch?v=M8TfW33cRRU) as allies is beyond my ability to understand.