“Professional investment may be likened to those newspaper competitions in which the competitors have to pick out the six prettiest faces from a hundred photographs, the prize being awarded to the competitor whose choice most nearly corresponds to the average preferences of the competitors as a whole.”
Quote by John Maynard Keynes
Work
General Theory Of Employment , Interest And Money
This book delves into the theoretical underpinnings of economic fluctuations, analyzing the relationship between employment levels, interest rates, and the money supply. It is considered a cornerstone of modern macroeconomic theory. more
Author
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
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