Sunday, June 14, 2009

Sobering words from Keynes

I wish that world leaders - and people in common would consider Keynes words at the time of the last depression, and perhaps look more inte the real problems of this world:

"But, chiefly, do not let us overestimate the importance of the economic problem, or sacrifice to its supposed necessities other matters of greater and more permanent significance. It should be a matter for specialists-like dentistry. If economists could manage to get themselves thought of as humble, competent people, on a level with dentists, that would be splendid!"

Keynes, John Maynard, 1930, Economic Possibilities for Our Grandchildren

The full paper can be found at

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