Keynesian Quotes

#1. The Keynesian prescription for unemployment rests on the persistence of a 'money illusion' among workers, i.e., on the belief that while, through unions and government, they will keep money wage rates from falling, they will also accept a fall in real wage rates via higher prices.

Murray Rothbard

#2. One nanny said, "Feed a cold"; she was a neo-Keynesian. Another nanny said, "Starve a cold"; she was a monetarist.

Harold Macmillan

#3. I would reject the distinction between a Keynesian moment and a behavioral moment.

Cass Sunstein

#4. No Keynesian has ever proposed a measure designed to make the individual more productive; for that would require institutional means for enabling him to acquire ownership of the nonhuman factor of production: capital.

Louis O. Kelso

#5. One grave and fundamental Keynesian error is to persist in regarding the interest rate as a contract rate on loans instead of the price spreads between stages of production. The former, as we have seen, is only the reflection of the latter.

Murray Rothbard

#6. Popular as Keynesian fiscal policy may be, many economists are skeptical that it works. They argue that fine-tuning the economy is a virtually impossible task, and that fiscal-stimulus programs are usually too small, and arrive too late, to make a difference.

James Surowiecki

#7. You could be disqualified for a job [at Harvard] if you were either smart or Jewish or Keynesian. So what chance did this smart, Jewish, Keynesian have?

Paul Samuelson

#8. In the '30s, the Keynesian stuff worked at least in the sense that you could print money without inflation because there was all this productivity growth happening. That's not going to work today.

Peter Thiel

#9. Keynesian economics has always been needed.

George Akerlof

#10. The idea that full employment without property ownership will solve the world's problems is utter nonsense. The Keynesian concept that the function of capital is merely to amplify labor, not independently produce wealth is simply blindness.

Louis O. Kelso

#11. Economics has paid a terrible price for its dalliances with the Keynesian and neoclassical theories.

Edmund Phelps

#12. Henry Ford, in a sense, was the first Keynesian. He paid his assembly workers high wages so they could afford to buy his cars.

Robert Kuttner

#13. The Keynesian belief that 'demand' is always at the root of underemployment and slow growth is a fallacy.

Edmund Phelps

#14. For better or worse, US Keynesianism was so far ahead of where it started. I am a cafeteria Keynesian. You know what a cafeteria catholic is?

Paul Samuelson

#15. I'm happy to say I am a Harrison-Kreps-Keynesian.

Thomas J. Sargent

#16. I am not a monetarist, and I am not a Keynesian. On certain points I agree with each.

Maurice Allais

#17. At the time, my personal research objectives were to provide Keynesian economics with more rigorous foundations and to tighten and elaborate the logic of macroeconomic and monetary theory.

James Tobin

#18. There is one good thing about Marx: he was not a Keynesian

Murray N. Rothbard

#19. What actor wouldn't want to work with Mel Gibson?

Jim Caviezel

#20. Everyone has the potential to be great, because everyone has the potential to serve." Martin Luther King

Margaret A. Hofmann

#21. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again.

John Maynard Keynes

#22. I don't ever want to leave this bed, my lady Taryn. (Sparhawk)
Me either. But if we don't, it could get ugly after a few days. We'd shrivel up from lack of water. (Taryn)

Sherrilyn Kenyon

#23. What we mean is that people may go on, keep on, and rush on, without souls. They have their ego and their will, that is enough to keep them going.

D.H. Lawrence

#24. Hearts are unique. You can give away piece after piece, but there's always more.

Anonymous

#25. My brother and late sister and I were raised in Detroit; it was where the middle class across racial lines, the middle class was able to develop, build a home, have for the first time retirement benefits, have a job, and yes, their kids began to go to college.

Sander Levin

#26. No, as it turns out, I really like being congratulated on my weight loss. I like it so much, it's tragic.

Carrie Fisher

#27. What is a goal, without a vison?
Who is a woman without a mission?
What is life without decisions?
Why live if not for transitions?

Renee' A. Lee

#28. Something out of childhood whistles through this space, a sense of games and half-made selves, but it's not that you're pretending to be someone else. You're pretending to be exactly who you are. That's the curious thing.

Don DeLillo