Tuesday, June 15, 2010

count your pennies

The ideas of economists and political philosophers . . .(be they correct or incorrect)...
are more powerful than is commonly understood. Indeed the world is ruled
by little else. Practical men, who believe themselves to be quite
exempt from any intellectual influence, are usually the slaves of
some defunct economist.

-John Maynard Keynes

2 comments:

J said...

Interesting bon mot from Lord Keynes, jh. I have tried reading K's General Theory a few times...and don't entirely disagree (at least K. at times approached....the lay-bour question, unlike most hackademic econo-men), tho' the general britishness tends to be a bit.... ghastly

stu said...

Jh,

Very timely. Thanks.