Über Keynes und seine Theorie der Wahrscheinlichkeitsrechnung.

(Für die, die´s wissen: achten Sie auf den Author)

Hoisted from >>the Krugman<< TM

We are all dead

President Bush, this morning:

In the long run, the American people can have confidence that our economy will bounce back.

John Maynard Keynes:

But this long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again.