If you were going to turn to only one economist to understand the problems facing the economy, there is little doubt that the economist would be John Maynard Keynes. Although Keynes died more than a half-century ago, his diagnosis of recessions and depressions remains the foundation of modern macroeconomics. His insights go a long way toward explaining the challenges we now confront.
Greg MankiwRelated topics
diagnosis doubt economist economy explaining facing foundation john modern now turn way remains keynes macroeconomics half-centuryRelated quotes
When I was young I once found a book in a Dutch translation, The 'Leaves of Grass'. It was the first time a book touched me by its feeling of freedom and open spaces, the way the poet spoke of the ocean by describing a drop of water in his hand. Walt Whitman was offering the world an open hand (now we call it democracy) and my 'Monument for Walt Whitman' became this open hand with mirrors, so you can see inside yourself.
Karel Appel
Pragmatism, in trying to turn experimental physics into a prototype of all science and to model all spheres of intellectual life after the techniques of the laboratory, is the counterpart of modern industrialism, for which the factory is the prototype of human existence, and which models all branches of culture after production on the conveyor belt.
Max Horkheimer
That our government should have been maintained in its original form from its establishment until now is not much to be wondered at. It had many props to support it through that period, which now are decayed and crumbled away. Through that period, it was felt by all to be an undecided experiment; now, it is understood to be a successful one.
Abraham Lincoln
There is much to be said in favor of modern journalism. By giving us the opinions of the uneducated, it keeps us in touch with the ignorance of the community. By carefully chronicling the current events of contemporary life, it shows us of what very little importance such events really are. By invariably discussing the unnecessary, it makes us understand what things are requisite for culture, and what are not.
Oscar Wilde
Technology adds nothing to art. Two thousand years ago, I could tell you a story, and at any point during the story I could stop, and ask, Now do you want the hero to be kidnapped, or not? But that would, of course, have ruined the story. Part of the experience of being entertained is sitting back and plugging into someone else's vision.
Penn Jillette
