May 23, 2013

Economist's Voice in the Air

source: The Guardian
The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back.
—John Maynard Keynes
I too as a madman, who hear voices in the air and distill a frenzy from academic scribblers, believe economics is a right tool for me to make a little contribution to the better world!

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