Intellectual Quote by James Meade

“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

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

“As Keynes wrote, with devastating understatement, ‘The age of economic internationalism was not particularly successful in avoiding war.”

— Pankaj Mishra

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