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About this quote

What does it mean?
Keynes argues that Marxian Socialism is a historical puzzle because its perceived logical flaws contrast with its lasting impact on human thought and historical events.
In plain terms
It is strange how a flawed idea could change history so much.
What can you take from it?
Ideas do not need to be logically perfect to shape reality.

Where it applies

  • analyzing political movements
  • studying economic history
  • debating policy

Putting it to work

  • evaluate ideas by impact not just logic
  • study historical trends

Questions to consider

  • Why do flawed ideas sometimes succeed?
  • How do we measure an idea's influence?

Another view

The quote assumes the doctrine is illogical and dull without proof.

More from John Maynard Keynes

  1. I do not know which makes a man more conservative - to know nothing but the present, or nothing but the past.

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  2. For my part I think that capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative system yet in sight, …

    Permalink to quote #43
  3. A study of the history of opinion is a necessary preliminary to the emancipation of the mind.

    Permalink to quote #40

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