[People] will do the rational thing, but only after exploring all other altertives. - John Maynard Keynes

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[People] will do the rational thing, but only after exploring all other altertives.

English
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About John Maynard Keynes

John Maynard Keynes, 1st Baron Keynes of Tilton (5 June 1883 – 21 April 1946) was a British economist whose ideas, known as Keynesian economics, had a major impact on modern economic and political theory and on many governments' fiscal policies.

Biography information from Wikiquote

Also Known As

Alternative Names: Lord Keynes Baron Keynes of Tilton John Maynard Keynes, 1st Baron Keynes Keynes

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Additional quotes by John Maynard Keynes

It is, however, generally supposed that if the whole of a man's surplus production is taken from him, his efficiency and his industry are diminished, The entrepreneur and the inventor will not contrive, the trader and the shopkeeper will not save, the laborer will not toil, if the fruits of their industry are set aside, not for the benefit of their children, their old age, their pride, or their position, but for the enjoyment of a foreign conqueror.

As one broods over these queer collections, it seems easier to understand - with an understanding which is
not, I hope, distorted in the other direction - this strange spirit, who was tempted by the Devil to believe at
the time when within these walls he. was solving so much, that he could reach all the secrets of God and
Nature by the pure power of mind Copernicus and Faustus in one.

The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back...But, soon or late, it is ideas, not vested interests, which are dangerous for good or evil.

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