Keynes Quote by Paul Davidson

“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

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

— Thomas J. Sargent

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 was a symbiotic division of labor that would have made a classical economist flush with pride.”

— Barry Eisler

“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

Keynes was a great economist. In every discipline, progress comes from people who make hypotheses, most of which turn out to be wrong, but…

— Milton Friedman

“In some ways the most striking novelty in Keynesian doctrine was that (abstracting from effects on foreign trade) an all-round reduction in wages would…

— Joan Robinson

“I began to have deviant thoughts about economic theory while I was a graduate student”

— Richard H. Thaler

“Speaking of Newton but also commenting more broadly on education and the Enlightenment: "I have seen a professor of mathematics only because he was…

— Voltaire

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

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

— Tony Judt

“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