Here was Keynes at his best and his worst. His worst, because some of his social and political theory would not stand too close scrutiny; because society is not likely to run out of new wants as long as consumption is conspicuous and competitive; and because, as an undergraduate once remarked, democratic government is more than a gathering of benevolent Old Etonians. His best, because of the roving, inquiring, intuitive, provocative mind of the man.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "Here was Keynes at his best and his worst. His worst, because some of his social and political theory would not stand too close scrutiny; because society is not likely to run out of new wants as long as consumption is conspicuous and competitive; and because, as an undergraduate once remarked, democratic government is more than a gathering of benevolent Old Etonians. His best, because of the roving, inquiring, intuitive, provocative mind of the man." in the context of "A. F. W. Plumptre, "Keynes in Cambridge", The Canadian Journal of Economics and Political Science (1947)" to mean that wisdom is timeless.