Quotes of the Day for 5 June 2001 – The Dismal Science
Two giants of "The Dismal Science" (economics) were born on this date. Adam Smith, the first major commentator on the subject was born on this day in 1723, John Maynard Keynes, who dominated economic policy thinking for most of the last century, was born in 1883. Today's quotes were inspired by this coincidence.
The age of chivalry is gone. That of sophisters, economists, and calculators has succeeded.
- Edmund Burke
It is historically true that no order of society ever perishes save by its own hand.
- John Maynard Keynes, 1883 - 1946
Education: the inculcation of the incomprehensible into the indifferent by the incompetent.
- John Maynard Keynes
Science is the great antidote to the poison of enthusiasm and superstition.
- Adam Smith, 1723 - 1790
Isn't it interesting that the same people who laugh at science fiction listen to weather forecasts and economists?
- Kelvin Throop III
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