Without knowledge of wind and current, without some sense of purpose, men and societies do not keep afloat for long, morally or economically, by bailing out the water.
Richard Titmuss
The same rule of self-destructive financial calculation governs every walk of life. We destroy the beauty of the countryside because the un-appropriated splendors of nature house no economic value. We are capable of shutting off the sun and the stars because they do not pay a dividend.
John Maynard Keynes
Conversely the derivative of grapes is wine. Makes sense to me.
Source: facebook.com
To suggest social action for the public good to the city of London is like discussing The Origin of Species with the Bishop sixty years ago.
John Maynard Keynes
A study of the history of opinion is a necessary preliminary to the emancipation of the mind.
John Maynard Keynes
Social democracy was always a mongrel politics. In the first place, it blended socialist dreams of a post-capitalist utopia with practical recognition of the need to live and work in a capitalist world that was demonstrably not on its last legs, as Marx had enthusiastically projected back in 1848.
Tony Judt, Ill Fares The Land, 2010
You can’t burn Wall Street without them burning you back.
Bernard Elbaum
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Ad cuius intellectum veritatem inquirendam et.
