John Maynard Keynes Quotes


Dangerous acts can be done safely in a community which thinks and feels rightly, which would be the way to hell if they were executed by those who think and feel wrongly.


Citations

Keynes, John Maynard. Letter to F.A. Hayek. 28 Jun. 1944. The Collected Writings of John Maynard Keynes, vol. 27, Macmillan, 1980, p. 387.

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John Maynard Keynes
John Maynard Keynes
  • Born: June 5, 1883
  • Died: April 21, 1946
  • Nationality: British
  • Profession: Economist

John Maynard Keynes, 1st Baron Keynes, CB, FBA (5 June 1883 – 21 April 1946), was an English economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in mathematics, he built on and greatly refined earlier work on the causes of business cycles. One of the most influential economists of the 20th century, he produced writings that are the basis for the school of thought known as Keynesian economics, and its various offshoots. His ideas, reformulated as New Keynesianism, are fundamental to mainstream macroeconomics.