« Octavio Paz on American vs Mexican realism | Main | Tolstoy: Flattery and praise necessary to friendship »
Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist.
--John Maynard Keynes (1883-1946) in The General Theory of Employment, Interest and Money
| | |
| | |
You can follow this conversation by subscribing to the comment feed for this post.
As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.
Having trouble reading this image? View an alternate.
Comments are moderated, and will not appear until the author has approved them.
Your Information
(Name and email address are required. Email address will not be displayed with the comment.)
John Maynard Keynes...chief defunct economist
Posted by: Clark Kent | 12 May 2009 at 20:10
Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist.
- John Maynard Keynes
Economical men, who believe themselves to be quite exempt from any epistemological influences, are usually the slaves of some defunct philosopher.
- Dan Downes
Posted by: Account Deleted | 05 January 2012 at 17:58
The use of the Reinhart/Rogoff paper to justify fiscal restraint as a means of curtailing budget deficits encourages paraphrasing John Maynard Keynes statement that, "Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist."
Political extremists, who believe themselves to be quite exempt from any intellectual influences, often are the slaves of mistaken economists.
- John James Casson
Posted by: John Casson | 22 April 2013 at 21:46
Dear John,
Hahahaha! I have to admit to some Schadenfreude re our distinguished economists.
Posted by: Sedulia | 22 April 2013 at 23:36