“Keynes was no revolutionary, but his ideas revolutionized 20th-century economics.”

—  Samuel Bowles

Source: Understanding Capitalism: Competition, Command, and Change, 2005, p.82

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Keynes was no revolutionary, but his ideas revolutionized 20th-century economics." by Samuel Bowles?
Samuel Bowles photo
Samuel Bowles10
American economist 1939

Related quotes

“CEO of General Electric for 30 years, Jack Welch was declared the greatest manager of the 20th century. Focusing firmly on results, he revolutionized management to achieve phenomenal growth for his company.”

Robert Heller (1932–2012) British magician

Robert Heller (2001) Jack Welch Dorling Kindersley Pub.

“Notwithstanding the predominant role in academic economic theory that Keynes and Keynesian economics achieved during the twentieth century, his basic outlook and policy recommendations were shaped by the particular experiences of the British Empire’s waning years.”

Alan O. Ebenstein (1959) American political scientist, educator and author

Hayek's Journey: The Mind of Friedrich Hayek (2003)

“The Modern Corporation has undermined the preconceptions of classic economic theory as effectively as the quantum undermined classic physics at the beginning of the 20th century.”

Gardiner C. Means (1896–1988) American economist

Source: The Corporate Revolution in America, 1957, p. 287

Whittaker Chambers photo

“In the 20th Century, treason became a vocation whose modern form was specifically the treason of ideas. ("The Circles of Perdition," December 8, 1947)”

Whittaker Chambers (1901–1961) Defected Communist spy

TIME magazine (1939-1948)

“Following the financial crisis of September 2008 when the American investment bank Lehman Brothers collapsed, threatening to engulf the entire banking system, the British economist John Maynard Keynes returned to center stage. In the popular press and in the writings of many economists, Keynes featured prominently as governments around the world urgently sought ways to avoid economic collapse. (…) After only a brief delay, critics of Keynes’s ideas also began to appear; but the emergence of such critics only served to emphasize the fact of his return, for only a few years earlier Keynes’s name would not even have appeared in public debate about economic policy: his ideas were seen as having so little relevance that it did not even seem necessary to mention his name when discussing the performance of the economy.”

Roger Backhouse (economist) (1951) British economist

Roger E. Backhouse and Bradley W. Bateman, ch.1 "Keynes Returns, but Which Keynes?" Capitalist revolutionary : John Maynard Keynes (2011).

Ilana Mercer photo

“Keynes was to economics as Katrina was to New Orleans.”

Ilana Mercer South African writer

“Seeking honorable Hondurans for Hire,” http://www.ilanamercer.com/phprunner/public_article_list_view.php?editid1=506 WorldNetDaily.com, July 10, 2009. <br class="br">2000s, 2009

“This is not an argument for levelling down but for raising up. The means for doing this are there. What matters is the will to do it. We all have a responsibility to ensure that the contours of the global economic map in the 21st century are not as steep and uneven as those of the 20th century.”

Peter Dicken (1938) British geographer

Source: Global Shift (2003) (Fourth Edition), Chapter 18, Making the World a Better Place, p. 600

Lord Dunsany photo

“One of the greatest writers of [the 20th] century.”

Lord Dunsany (1878–1957) Irish writer and dramatist

Arthur C. Clarke, quoted on the backcover of Time and the Gods, the second volume of the Fantasy Masterworks series
About

John Updike photo

“Until the 20th century it was generally assumed that a writer had said what he had to say in his works.”

John Updike (1932–2009) American novelist, poet, short story writer, art critic, and literary critic

Writers on Themselves (1986)

Robert Skidelsky photo

“Keynes's economic philosophy is thus made up of three interdependent parts: his technical macroeconomics, his embattled political philosophy and his ultimate ethical purpose.”

Robert Skidelsky (1939) Economist and author

John Maynard Keynes: 1883-1946: Economist, Philosopher, Statesman (2003), Introduction

Related topics