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Quote #56

We're all Keynesians now.

— John Maynard Keynes

More from John Maynard Keynes

  1. No one in our age was cleverer than Keynes nor made less attempt to conceal it.
  2. Did Keynes create a sense of hope? Oh, unquestionably. There was this breath of hope and optimism, and I came back from Cambridge to find a…
  3. Why does Camelot lie in ruins? Intellectual error of monumental proportion has been made, and not exclusively by the politicians. Error als…
  4. It is ideas, not vested interests, which are dangerous for good or evil.
  5. The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly un…
  6. It is better that a man should tyrannise over his bank balance than over his fellow-citizens and whilst the former is sometimes denounced a…
  7. There are no intrinsic reasons for the scarcity of capital.
  8. The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.

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Topics in this quote

  • economics
  • keynes
  • history
  • policy
  • consensus

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