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Bureaucrats Quote by John Maynard Keynes

“Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist. ... in the field of economic and political philosophy there are not many who are influenced by new theories after they are twenty-five or thirty years of…” quote by John Maynard Keynes
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““Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist. ... in the field of economic and political philosophy there are not many who are influenced by new theories after they are twenty-five or thirty years of age, so that the ideas which civil servants and politicians and even agitators apply to current events are not likely to be the newest.””

John Maynard Keynes

About This Quote

Intellectual complacency leads to reliance on outdated ideas, limiting progress.

In simple terms: Old ideas restrict growth.

Key Takeaway

Embrace new theories regardless of age.

Themes

stagnation intellectual humility policy

Mood

critical inquisitive

Type

analytical philosophical

When to use this quote

  • government reform
  • academic research
  • business strategy
  • public debate

Key Concepts

economics political philosophy innovation

Questions to Reflect On

  • How can institutions encourage continual learning?
  • What mechanisms prevent outdated thinking?
A Different Perspective

Experience can still offer valuable insight.

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