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Long RunJohn Maynard Keynes had no patience with economic theorists who assumed that everything would work out in the long run. "This long run is a misleading guide to current affairs," he once remarked. "In the long run we are all dead."
["Practical men, who believe themselves to be quite exempt from any intellectual influences," Keynes once famously wrote, "are usually the slaves of some defunct economist."]
Keynes, John Maynard, First Baron (1883-1946) British economist and writer [noted for such seminal works as The Economic Consequences of the Peace , General Theory of Employment, Interest, and Money (1936), A Tract on Monetary Reform, and A Treatise on Money]
[Sources: Time 100]More John Keynes anecdotesRelated Anecdote Keywords:
Pragmatism Economics Sarcasm
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