John Maynard Keynes Quotes
Perhaps a day might come when there would be at last be enough to go round
Ironically, at the time the great worry was the ability to produce sufficient food for the whole world. Today, we find that task relatively easy, but we still have malnutrition and starvation on some parts of the world. Supply is only one factor. Distribution is as critical.
John Maynard Keynes, 1883-1946, British Economist, The Economic Consequences of the Peace, 1919
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later also a song sung at his campaigns and rallies
While Blanc appears to have originated the famous phrase 35 years earlier, most people associate it with Marx. While not quite the exact same meaning, compare with Thoreau: {35837}
The first Jew to run for the Vice Presidency on a major party ticket.
The Diggers were a religious-economic movement that even today would be considered very radical. They advocated the right of the poor to go onto public lands and farm them—thus the name “Diggers.” Beyond their opposition to the private ownership of land to the exclusion of the poor, Winstanley and the Diggers promulgated another very modern doctrine: That the poor should take the responsibility and have the right to determinine how the society should provide for the poor. A version of this became one of the Mottos of the Poverty Program of 1964. See {616966}.
To Republicans of the 21st century, it is shocking the Taft (and Theodore Roosevelt) were strong advocates of reducing the economic gulf between the rich and poor.
We are still grappling with the distribution of wealth issue.
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.
