Keynes Quote by Pankaj Mishra

“Keynes knew perfectly well that fascist economic policy could never have succeeded in the long-run without war, occupation and exploitation.”

— Tony Judt

“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

World War II revealed two of the enduring features of the Keynesian Revolution. One was the moral difference between spending for welfare and spending…

— John Kenneth Galbraith

“Commentary would come to life in 1945 amid widespread predictions that mass unemployment would resume as soon as war production ebbed. But it wouldn’t…

— Benjamin Balint

“Nor was it a satisfactory solution to keep the masses in poverty by restricting the output of goods. This happened to a great extent…

— George Orwell

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

“Keynes declared capitalism the best system ever devised to achieve a civilized economic society. But he recognized in it two major faults—“its failure to…

— Robert B. Reich

In Europe and the United States the two decades following the Second World War will for long be remembered as a very good time,…

— John Kenneth Galbraith

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

“Even after the Allies emerged triumphant in 1945, these concerns were not forgotten: depression and fascism remained ever-present in men's minds. The urgent question…

— Tony Judt

“There is no greater development than winning the war against discouragement .”

— Osunsakin Adewale

“International economic integration generally expands economic opportunities and is good for society. The great alternatives to economic integration failed. Attempts to seal countries off…

— Jeffry A. Frieden