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20th century Quote by Guy Standing

“In 1936, John Maynard Keynes predicted the 'euthanasia of the rentier' before the end of the 20th century. It did not happen.” quote by Guy Standing
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“In 1936, John Maynard Keynes predicted the 'euthanasia of the rentier' before the end of the 20th century. It did not happen.”

Guy Standing

About This Quote

Source Book: The Precariat: The New Dangerous Class, 2011

Keynes predicted the end of rentier income, but it never materialized, showing economic forecasts can fail.

In simple terms: Keynes' rentier prediction failed.

Key Takeaway

Question assumptions about economic futures.

Themes

economics prediction rentier class history

Mood

analytical cautious

Type

economic historical

When to use this quote

  • investment planning
  • social policy debates

Key Concepts

forecast uncertainty policy implications

Questions to Reflect On

  • What factors caused the prediction to miss?
  • How should policymakers handle uncertain forecasts?
A Different Perspective

Economic conditions changed unexpectedly.

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