No one in our age was cleverer than Keynes nor made less attempt to conceal it.
--
R. F. Harrod in The Life of John Maynard Keynes (1951)John Maynard Keynes
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The dramatic redefinition of state and marketplace over the last two decades demonstrates anew the truth of Keynes' axiom about the overwhelming power of ideas. For concepts and notions that were decidedly outside the mainstream have now moved, with some rapidity, to center stage and are reshaping economies in every corner of the world. Even Keynes himself has been done in by his own dictum. During the bombing of London in World War II, he arranged for a transplanted Austrian economist, Friedrich von Hayek, to be temporarily housed in a college at Cambridge University. It was a generous gesture; after all, Keynes was the leading economist of his time, and Hayek, his rather obscure critic. In the postwar years, Keynes' theories of government management of the economy appeared unassailable. But a half century later, it is Keynes who has been toppled and Hayek, the fierce advocate of free markets, who is preeminent.
Friedrich Hayek
The inspiring theory for Bretton Woods was suggested by a well known economist, beyond any suspect, John M. Keynes. Lord Keynes - as in the meanwhile he has been appointed by the English Crown - appeared worried about possible troubles in the international system of payments, like those occurred after World War One, which contributed to the new conflict. He has published an article on this subject in 1946. Consequently he gave the blessing of his authority to the agreements. Lord Keynes, as chief of the British delegation, was appointed chairman of the Commission II, charged for the institution of an International Bank for Reconstruction and Development - IBRD (World Bank). The Bretton Woods agreements represented a sort of solemn will for Lord Keynes, since he died out two years later the signature.
Nico Perrone
His standpoint is invariably that of a human philosopher. The sceptic spirit which pervades the whole book allows it to be summed up in a very few words: by his own natural light and strength man is incapable of finding principles of religion and morality sufficiently certain; and, being sure of nothing, it is consequently wise to live as conveniently and pleasurably as the common usage of the people among whom one lives allows. No attempt is made anywhere in the body of the book to conceal the baldness of this doctrine.
Pierre Charron
The devil gave me a look which made me profoundly uneasy. 'Just because I am enjoying your sympathy, don't imagine that I cannot read you like a book,' he said. 'You think you are cleverer than I; it is a very common academic delusion.'
Robertson Davies
Keynes never sought to change the world out of any sense of personal dissatisfaction or discontent. Marx swore that the bourgeoisie would suffer for his poverty and his carbuncles. Keynes experienced neither poverty or boils. For him the world was excellent.
John Maynard Keynes
Keynes, John Maynard
Keys, Alicia
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