Tuesday, June 16, 2015
Keynes: The Essential Economist Excerpt
JKG: He wasn’t only an economist. This book, Universal Man: The Seven Lives of John Maynard Keynes by Davenport-Hines. Shows his many sides.
JFK: The seven lives?
JKG: Altruist, boy prodigy, public man, official, lover, connoisseur and envoy.
JFK: He did a lot of things then?
JKG: And did them well. He was an economist, of course, but he was also a negotiator, a politician, a successful investor, an art collector, supported the drama and music, and even kept pigs.
JFK: A universal man, a renaissance man, a polymath.
Keynes was a member of the Bloomsbury group: mainly arts and humanities figures, with links to Cambridge, including novelist E.M. Forster, biographer Lytton Strachey, art critic Clive Bell, painters Vanessa Bell and Duncan Grant, writer Leonard Woolf, and novelist Virginia Woolf.
"I think that capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative system." John Maynard Keynes: The End of Laissez-faire (1926).
Choose a famous person. Find a quotation they spoke or wrote which encapsulates their philosophy. Add their name and their quote to the comments.