John Maynard Keynes Quotes

Worldly wisdom teaches that it is better for reputation to fail conventionally then to succeed unconventionally.

 
Context
This is one of the cultural differences between America and England. The former was then and is now much more tolerant of unconventional success, even if it disrupts other entire industries. Google for example became the worlds largest advertising company, destroying many other forms of advertising like newspapers.
Citations

John Maynard Keynes, 1883-1946, British Economist, The General Theory of Employment Interest and Money, 1935

Eigen's Political and Historical Quotations


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, was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. He built on and greatly refined earlier work on the causes of business cycles, and was one of the most influential economists of the 20th century. Widely considered the founder of modern macroeconomics, his ideas are the basis for the school of thought known as Keynesian economics, and its various offshoots.

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