Friday, March 22, 2013

The wisdom of John Maynard Keynes (part 2)


"When the facts change, I change my opinion. What do you do, sir?"

John Maynard Keynes (1883-1946)

This quip from Keynes is possibly—probably—the most wonderful, most depressing thing he said during his controversial life.

It deflates so much defiant ideology, so much partisan ignorance and prejudice.

There is so much defiant ideology, so much partisan ignorance and prejudice still out there, escaping deflation….


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