“The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.”

Last update June 20, 2023. History

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John Maynard Keynes 122
British economist 1883–1946

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“Politically, I am for efficiency. Economically first.”

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Context: Politically, I am for efficiency. Economically first. Until the 1980s the world was divided into two, people were either communist or capitalist. The communist model does not work economically, we all realised that, but the capitalist model in the modern world also looks to be unsustainable. You cannot ignore individual interests, but I believe the world evolves slowly. The last 30 years have brought a minimum amount of money for everybody in the west, the next step, politically, would be a maximum amount of money earned by everybody.

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“The economic illusion is the belief that social justice is bad for economic growth.”

Robert Kuttner (1943) American journalist

Introduction, p. 1 (First text line.)
The Economic Illusion (1984)

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