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Keynes, John Maynard
Quote | Source | Page | Subject |
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A dictum of Lord Keynes: In the long run we are all dead. I do not question the truth of this statement; I even consider it as the only correct declaration of the neo-British Cambridge school. | Planning for Freedom | p. 7 | Keynes, John Maynard |
After 15 million human beings had perished in the war, the foremost statesmen of the world were assembled to give mankind a new international order and lasting peace . . . and the British Empires financial expert was amused by the rustic style of the French Prime Ministers footwear. | Planning for Freedom | p. 56 | Keynes, John Maynard |
For what many people have admiringly called Keynes's brilliance of style and mastery of language were, in fact, cheap rhetorical tricks. | Planning for Freedom | p. 55 | Keynes, John Maynard |
In old fashioned language, Keynes proposed cheating the workers. | Economic Policy | p. 70 | Keynes, John Maynard |
It is the typical policy of aprs nous le deluge. Lord Keynes, the champion of this policy, says: In the long run we are all dead. But unfortunately nearly all of us outlive the short run. We are destined to spend decades paying for the easy money orgy of a few years. | Omnipotent Government | p. 252 | Keynes, John Maynard |
Keynes did not add any new idea to the body of inflationist fallacies, a thousand times refuted by economists… He merely knew how to cloak the plea for inflation and credit expansion in the sophisticated terminology of mathematical economics. | Human Action | p. 787; p. 793 | Keynes, John Maynard |
Keynes did not refute Says Law. He rejected it emotionally, but he did not advance a single tenable argument to invalidate its rationale. | Planning for Freedom | p. 70 | Keynes, John Maynard |
Keynes did not teach us how to perform the miracle . . . of turning a stone into bread, but the not at all miraculous procedure of eating the seed corn. | Planning for Freedom | p. 71 | Keynes, John Maynard |
The essence of Keynesianism is its complete failure to conceive the role that saving and capital accumulation play in the improvement of economic conditions. | Planning for Freedom | p. 207 | Keynes, John Maynard |
The fallacies implied in the Keynesian full-employment doctrine are, in a new attire, essentially the same errors which [Adam] Smith and [Jean Baptiste] Say long since demolished. | The Theory of Money and Credit | p. 464 | Keynes, John Maynard |