Saturday, June 5, 2010

Meandering while we wander . . .

Today is the birthday of John Maynard Keynes (June 5, 1883 – April 21, 1946), economist. His ideas are the basis for the school of thought known as Keynesian economics. John Maynard Keynes is oft referred to as the father of modern macroeconomics.

"Ideas shape the course of history." - John Maynard Keynes

"The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems of life and of human relations, of creation and behavior and religion." - John Maynard Keynes

"By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens." - John Maynard Keynes

"Words ought to be a little wild, for they are the assaults of thoughts on the unthinking." - John Maynard Keynes

"A study of the history of opinion is a necessary preliminary to the emancipation of the mind." - John Maynard Keynes

Keynes image source (1)

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