John Maynard Keynes, (1921), A Treatise on Probability, page: 285, publisher: Macmillan

Among the phenomena, of the causes of which we are ignorant, there are some, such as those dealt with by the manager of a life insurance company, about which the calculus of probabilities can give real information.

— John Maynard Keynes on Insurance

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "Among the phenomena, of the causes of which we are ignorant, there are some, such as those dealt with by the manager of a life insurance company, about which the calculus of probabilities can give real information." in the context of "John Maynard Keynes, (1921), A Treatise on Probability, page: 285, publisher: Macmillan" to mean that wisdom is timeless.

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Source: Wikiquote: "Insurance" (Quotes, K) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
John Maynard Keynes

About John Maynard Keynes

John Maynard Keynes, 1st Baron Keynes of Tilton (5 June 1883 – 21 April 1946) was a British economist whose ideas, known as Keynesian economics, had a major impact on modern economic and political theory and on many governments' fiscal policies.