Quote of the Day

All of the quotations below were taken from Murray N. Rothbard's excellent book Keynes The Man. 

"[John Maynard Keynes possessed a] deep hatred and contempt for the values and virtues of the bourgeoisie, for conventional morality, for savings and thrift, and for the basic institutions of family life" (9).

"Indeed Keynes displayed a positive taste for lying in politics. He habitually made up statistics to suit his political proposals, and he would agitate for world monetary inflation with exaggerated hyperbole while maintaining that "words ought to be a little wild - the assault of thoughts upon the unthinking." But revealingly enough, once he achieved power, Keynes admitted that such hyperbole would have to be dropped: "When the seats of power and authority have been attained, there should be no more poetic license" (24).

"The young Keynes displayed no interest whatsoever in economics; his dominant interest was philosophy. In fact, he completed an undergraduate degree at Cambridge without taking a single economics course. Not only did he never take a degree in the subject, but the only economics course Keynes ever took was a single-term graduate course under Alfred Marshall" (31).