John Maynard Keynes

1883 - 1946

Writing during the Great Depression of the 1930s, British economist John Maynard Keynes addressed the problem of “boom and bust” cycles that plagued capitalism.

His General Theory of Employment, Interest, and Money, published in 1936, proposed increased or decreased government spending in response to economic fluctuations.

The Quotable Keynes

1	Americans	Does that mean that because Americans won't listen to sense, you intend to talk nonsense to them?
2	Banks and Bankers	It is better that a man should tyrannize over his bank balance than over his fellow citizens.
3	Capitalism	I think that Capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative system yet in sight,...
4	Communism	At the same time a persecuting and missionary religion and an experimental economic technique.
5	Practical men	Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist.
6	In the long run	Long run is a misleading guide to current affairs. In the long run we are all dead.

Love for Econ Springs Eternal !