Sunday, August 21, 2011

I like Paul Krugman because he doesn't stay useless in tempestuous seasons

"Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is past the ocean is flat again." - John Maynard Keynes, 1923


  1. lol, I had checked Krugman's blog today and I thought that pic was classic.

    It totally deserves a caption.

  2. Damn, that's pretty classic. I bet if that rope started up the dollar printing press, he would be pulling a lot harder.

    Only kidding....sort of...

  3. Keynes' statement doesn't really jive with his claim about economists being like dentists.

  4. Prateek - Ya, did you see the one of his wife? I think I'd be sleeping on the couch if I posted a picture of Kate that looked like that on here (and I don't even have his readership!).

    James - I think you're right!

    Gary - you think dentists' work is easy or useless?

  5. Daniel,

    No, but I also don't see dentists talking about the "tempestuous seasons" of tooth decay either. His comment is quite romantic in its claims and makes economics look like some sort of heroic endeavor.

    That is a hilarious picture of Krugman, BTW. Is he a sailor?


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