Which brings us to a third group of macroeconomists: those who fall into neither the pro- nor the anti-Keynes camp. I count myself among the ambivalent. We credit both sides with making legitimate points, yet we watch with incredulity as the combatants take their enthusiasm or detestation too far. Keynes was a creative thinker and keen observer of economic events, but he left us with more hard questions than compelling answers.
Greg MankiwRelated topics
compelling count creative credit detestation fall far hard incredulity left making nor observer pro take thinker third watch yet Keynes points questionsRelated quotes
He that is to govern a whole Nation, must read in himself, not this, or that particular man; but Mankind; which though it be hard to do, harder than to learn any Language, or Science; yet, when I shall have set down my own reading orderly, and perspicuously, the pains left another, will be only to consider, if he also find not the same in himself. For this kind of Doctrine, admitteth no other Demonstration.
Thomas Hobbes
Let me make it clear that I do not assert that a President and the Congress must on all points agree with each other at all times. Many times in history there has been complete disagreement between the two branches of the Government, and in these disagreements sometimes the Congress has won and sometimes the President has won. But during the Administration of the present President we have had neither agreement nor a clear-cut battle.
Franklin D. Roosevelt
There various news I heard of love and strife,
Of peace and war, health, sickness, death, and life,
Of loss and gain, of famine and of store,
Of storms at sea, and travels on the shore,
Of prodigies, and portents seen in air,
Of fires and plagues, and stars with blazing hair,
Of turns of fortune, changes in the state,
The fall of favourites, projects of the great,
Of aid mismanagements, taxations new:
All neither wholly false, nor wholly true.
Alexander Pope
Elegance requires that the number of defining equations be small. Five is better than ten, and one is better than five. On this score, one might facetiously say that String Theory is the ultimate epitome of elegance. With all the years that String Theory has been studied, no one has found even a single defining equation! The number at present count is zero. We know neither what the fundamental equations of the theory are nor even if it has any.
Leonard Susskind
In ancient times there was no public education, except that of the forum, the theater, and the street, and the general degree of illiteracy was very high.... the early men of science were left very much to themselves and such a phrase as "the scientific culture of Alexandria in the third century B. C." does not cover any reality. In a sense, this is still true today; the real pioneers are so far ahead of the crowd (even a very literate crowd) that they remain almost alone...
George Sarton