As Keynes wrote, with devastating understatement, ‘The age…

“Keynes had been appointed to the board of the National Mutual, one of the oldest institutions in the city, in 1919.107 He had served…

— Allen C. Benello

Notwithstanding all the passionate fulminations of the spokesmen of governments, the inevitable consequences of inflationism and expansionism...are coming to pass. And then, very late…

— Ludwig von Mises

As far as I can find, almost no one in the profession - not even luminaries like John Maynard Keynes, Friedrich Hayek, or Irving…

— Robert J. Shiller

“The analysis of the /General Theory /shows that inflation is a real, not a monetary, phenomenon. It operates in two stages (once more giving…

— Joan Robinson

“A sound banker is not one who foresees danger and avoids it,” wrote John Maynard Keynes, “but one who, when he is ruined, is…

— Anonymous

Keynes tried to show that market economies could settle in equilibrium states in which the labour market did not clear, and in which the…

— Paul Ormerod

I do not regard the Keynesian revolution as a great intellectual triumph. On the contrary, it was a tragedy because it came so late.…

— Joan Robinson

“At present", Keynes said in 1926, "everything is politics, and nothing policies.”

— Richard Davenport-Hines

Where did Keynes stand on overt fascism? From the scattered information now available, it should come as no surprise that Keynes was an enthusiastic…

— Murray Rothbard

“After the war, when the problem of deficient effective demand seemed to have faded into the background, a fresh question came to the fore…

— Joan Robinson

My only regret in life is that I did not drink more Champagne - John Maynard Keynes Sorrow can be alleviated by good sleep,…

— Thomas Aquinas

Wicksell's old-fashioned liberalism is reminiscent of John Maynard Keynes' attitude toward conscription during World War I. Keynes opposed conscription, but he was not a…

— Mancur Olson

“Economists who simply advised leaving the economy alone, governments whose first instincts, apart from protecting the gold standard by deflationary policies, was to stick…

— Eric J. Hobsbawm

The major reason for Keynes's rejection of communism was simply that he could scarcely identify with the grubby proletariat.

— Murray Rothbard

“Keynes died in 1946, exhausted by his wartime efforts. But he had long since demonstrated that neither capitalism nor liberalism would survive very long…

— Tony Judt