Insightful Quote by John Maynard Keynes
“It is better to be roughly right than precisely wrong.”
About This Quote
Source Book: The General Theory of Employment, Interest and Money, 1936
Argues that approximate correctness is preferable to exact but flawed conclusions, emphasizing practical usefulness over precision.
In simple terms: Better to be roughly right than precisely wrong.
Prioritize practical accuracy over perfection.
Themes
Mood
Type
When to use this quote
- business strategy
- scientific research
- policy drafting
Key Concepts
Questions to Reflect On
- When is exactness vital?
- How to balance precision and practicality?
Precision can be essential in critical fields.