Zachary D. Carter
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The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes
12 editions
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published
2020
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“Prosperity is not hard-wired into human beings; it must be orchestrated and sustained by political leadership.”
― The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes
― The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes
“As Keynes explained his own methods in The General Theory: “The object of our analysis is, not to provide a machine, or method of blind manipulation, which will furnish an infallible answer, but to provide ourselves with an organised and orderly method of thinking out particular problemsâ€�.Too large a proportion of recent ‘mathematicalâ€� economics are mere concoctions, as imprecise as the initial assumptions they rest on, which allow the author to lose sight of the complexities and interdependencies of the real world in a maze of pretentious and unhelpful symbols.â€�8”
― The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes
― The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes
“It is not true that individuals possess a prescriptive ‘natural libertyâ€� in their economic activities,â€� Keynes wrote. “There is no ‘compactâ€� conferring perpetual rights on those who Have or on those who Acquire. The world is not so governed from above that private and social interests always coincide. It is not a correct deduction from the principles of economics that enlightened self-interest always operates in the public interest.”
― The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes
― The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes
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