Quote by Nicholas Wapshott

“There was frequently a moral lesson lurking just below the surface in Hayek’s accounts, usually having to do with Keynes’s overweening self- confidence and…

— Bruce Caldwell

Here we have the heart of the difference between Hayek and Keynes: one knew that markets work to give us the best of all…

— Jeffrey Tucker

“Those concessions might also explain why Keynes responded to the book as he did, a response that might surprise later generations. Keynes read it…

— Bruce Caldwell

Keynes was a very good economist. He was brilliant. He had wonderful insights. His work has inspired me many times.

— Thomas J. Sargent

“Chambers et al. conclude that Keynes had no skill as a market timer. By then, however, the man who had started out as a…

— Allen C. Benello

Keynes was scarcely a 'revolutionary' in any real sense. He possessed the tactical wit to dress up ancient statist and inflationist fallacies with modern,…

— Murray Rothbard

“It is ironic that Keynesianism originated as a weapon to combat depression, but became universally accepted and "successful" only during (and because of!) the…

— André Gunder Frank

“The science of public happiness was how Keynes saw his work as an economist.”

— Richard Davenport-Hines

“In a BBC broadcast in 1934, when he was a year away from finishing The General Theory, Keynes pinpointed the fundamental difference between an…

— Stephen A. Marglin

“In Keynes’s time, physicists were first grappling with the concept of quantum mechanics, which, among other things, imagined a cosmos governed by two entirely…

— Peter D. Schiff

“John Maynard Keynes, the great British economist, died in 1946. But his ghost lives on. When economies around the world contracted sharply in late…

— Alan S. Blinder

Attempting mischievous and salutary irritation of his peers ... Keynes may only succeed in becoming an academic idol of our worst cranks and charlatans…

— Henry Calvert Simons