Quotessence
Home / Quotes / Quote by John Maynard Keynes

Quote by John Maynard Keynes

Work

Thorstein Veblen, R.H. Tawney, John Maynard Keynes

The book includes essays and writings by Thorstein Veblen, known for his work on institutional economics and the theory of conspicuous consumption. R.H. Tawney contributes with his analysis of economic history and social issues. John Maynard Keynes is represented by his influential economic theories, particularly those related to macroeconomics and the role of government in economic stability. more

Author

John Maynard Keynes
John Maynard Keynes

John Maynard Keynes, born on June 5, 1883, was a prominent British economist whose work had a profound impact on the field of economics, particularly in the area of macroeconomics. His theories advocating for government intervention to stabilize the economy gained widespread application during the Great Depression of the 1930s. more

You May Also Like

“You really do have to wonder whether a few years from now we’ll look back at the first decade of the 21st century — when food prices spiked, energy prices soared, world population surged, tornados plowed through cities, floods and droughts set records, populations were displaced and governments were threatened by the confluence of it all — and ask ourselves: What were we thinking? How did we not panic when the evidence was so obvious that we’d crossed some growth/climate/natural resource/population redlines all at once?”

“In the various states of society, armies are recruited from very different motives. Barbarians are urged by the love of war; the citizens of a free republic may be prompted by a principle of duty; the subjects, or at least the nobles, of a monarchy, are animated by a sentiment of honor; but the timid and luxurious inhabitants of a declining empire must be allured into the service by the hopes of profit, or compelled by the dread of punishment.”