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"Capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative system yet in sight, but that in itself it is in many ways extremely objectionable." (John Maynard Keynes) "I should have drunk more Champagne." (John Maynard Keynes, last words) "The difficulty lies, not in the new ideas, but in escaping from the old ones, which ramify, for those brought up as most of us have been, into every corner of our minds." (John Maynard Keynes, The General Theory of Employment, Interest and Money) "The long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is past the ocean is flat again." (John Maynard Keynes) |
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