"A decade and a half ago Lord Keynes brought together a selection of his writings on the political and economic issues from the end of the last war to the world slump of 1931. “Here are collected’, he wrote, ‘the croakings of twelve years, the croakings of a Cassandra who could never influence the course of events in time.” We know now that that was over-modest of him: that he exercised all too much influence by his book against the Treaty of Versailles — where he was almost entirely wrong!— and none at all up to that time with regard to monetary policy, the return to the Gold Standard and other issues where he was quite right. How characteristic of human affairs!"
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Historians from EnglandPhilosophers from EnglandUniversity of Cambridge facultyEconomists from EnglandSociologists from England
Original Language: English
Available Languages (1)
Sources
A. L. Rowse, The End of an Epoch (1947), p. 1
https://en.wikiquote.org/wiki/John_Maynard_Keynes
Revision History
No revisions have been submitted for this quote.
Categories
John Maynard Keynes
1883 – 1946
Britischer Nationalökonom
272 quotes on TrueQuotesView all quotes by John Maynard Keynes →
Related Quotes
"Poland is an economic impossibility with no industry but Jew-baiting."
"The belief that monetary instability--inflation and deflation--is the principal, or at least a principal, cause of ot…"
"The great service of Keynes to recent history is that we now know, in the way that governments did not know in the 19…"
"No one embodied the Cambridge spirit of culture, fun, and public duty so much as Maynard Keynes. No one was more bril…"
"In a book which gained a vast publicity, particularly in the United States, he exposed and denounced "a Carthaginian …"
"I can tell you — I was helping when Britain was trying to get a loan from the United States immediately after the war…"
"Why does Camelot lie in ruins? Intellectual error of monumental proportion has been made, and not exclusively by the …"
"There was nothing in these views to repel a student; or to make Keynes attractive. Keynes had nothing to offer those …"
"Keynes is largely responsible for elevating employment (and/or output) to a position as an explicit objective for pol…"
"What do you think of J. M. Keynes's book? ... The condemnation of the work of the Conference as a whole is none too s…"