Keynes Quote by Nate Silver
““When the facts change, I change my mind,” the economist John Maynard Keynes famously said. “What do you do, sir?””
About This Quote
Source Book: The Signal and the Noise, 2010
When facts change, rational thinkers should adjust their views accordingly.
In simple terms: Update beliefs when evidence changes.
Stay flexible, follow data.
Themes
Mood
Type
When to use this quote
- political debate
- financial forecasting
Key Concepts
Questions to Reflect On
- How do you know when to change your mind?
- What evidence justifies a shift?
Changing opinions can be seen as indecisive.