This long run is a misleading guide to current affairs. In the long ru…

John Maynard Keynes
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This long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again. ✨ 1923 A Tract on Monetary Reform.
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The difficulty lies, not in the new ideas, but in escaping from the old ones. ✨ The General Theory of Employment, Interest and Money. Book by John Maynard Keynes (Preface), 1936.
The importance of money flows from it being a link between the present and the future. ✨ John Maynard Keynes (2006). General Theory Of Employment , Interest And Money, p.268, Atlantic Publishers & Di … ▶
The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future. ✨ The General Theory of Employment, Interest and Money. Book by John Mayna … ▶
[T]he theory of output as a whole, which is what the following book purports to provide, is much more easily adapted to the conditions of a totalitarian state, than is the theory of production and di … ▶
When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done ✨ 1936 The General Theory of Employment, Interest, and Money.

This long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again. ✨ 1923 A Tract on Monetary Reform.

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