Keynes
Strategic Concepts & Mechanics
Primary Evidence
"In the United States, the drift dates back to the great crisis of 1929, “the first crisis of dirigisme.” To Georges Menant of Paris Match, he explained in 1978 that “Roosevelt decided to innovate by applying to the American economy the famous remedies advocated by Keynes: devaluation, income redistribution, industry control, and multiplication of public investments. This resulted in a spectacular recovery that everyone would applaud without seeing, furthermore, that the unemployment rate remained very high and would remain so."
"“And since then, Keynes’s thought has continued to impregnate the entire liberal economy. Whereas in reality, Keynes had rendered the worst of services to America and the world. By artificially creating purchasing power, the link between the act and the consequences has been broken, and we have become accustomed to living in perpetual ‘cavalry.’"
"“And since then, Keynes’s thought has continued to impregnate the entire liberal economy. Whereas in reality, Keynes had rendered the worst of services to America and the world. By artificially creating purchasing power, the link between the act and the consequences has been broken, and we have become accustomed to living in perpetual ‘cavalry.’"
"Einstein, Leonardo, Keynes, Dylan. The first couple are perhaps more likeable than the last two, but they all have this in common – the highest possible regard for what they could beget, and a sense of greatness. They were iconoclasts; bold and self-possessed; expecting and requiring nothing from themselves except that what was beyond the reach of ordinary mortals. They expected to produce work of the highest originality and importance. It’s hard to imagine how anyone can be great without having similar reach and vision. In our own league, whether the premier division or something worthwhile but less grand, great expectations are still the midwife of great creation."
"For reasons that are still a bit mysterious today, Columbia signed Dylan before he had any significant following, and that contract drew attention to him. Before long, however, it was the inherent authority of his music and lyrics which gave Dylan his success. In this he was like the thinkers. He was like Frankl, Leonardo, Einstein and Keynes – their personal vehicles were their dramatic insights, expressed in unforgettable images and words."