John Maynard Keynes, Letter to Roy Harrod (4 July 1938), in The Collected Writings of John Maynard Keynes, Vol. XIV (1971), p. 297
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Good economists are scarce because the gift for using "vigilant observation" to choose good models, although it does not require a highly specialised intellectual technique, appears to be a very rare one.
— John Maynard Keynes on Economist
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "Good economists are scarce because the gift for using "vigilant observation" to choose good models, although it does not require a highly specialised intellectual technique, appears to be a very rare one." in the context of "John Maynard Keynes, Letter to Roy Harrod (4 July 1938), in The Collected Writings of John Maynard Keynes, Vol. XIV (1971), p. 297" to mean that wisdom is timeless.
Source: Wikiquote: "Economist" (Quotes: Quotes are arranged alphabetically by author, G - L)
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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.
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.
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