I sympathize, therefore, with those who would minimise, rather than with those who would maximise, economic entanglement between nations. Ideas, knowledge, art, hospitality, travel – these are the things which should of their nature be international. But let goods be homespun whenever it is reasonably and conveniently possible; and, above all, let finance be primarily national. ... For these strong reasons, therefore, I am inclined to the belief that...a greater measure of national self-sufficiency than existed in 1914 may tend to serve the cause of peace, rather than otherwise.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "I sympathize, therefore, with those who would minimise, rather than with those who would maximise, economic entanglement between nations. Ideas, knowledge, art, hospitality, travel – these are the things which should of their nature be international. But let goods be homespun whenever it is reasonably and conveniently possible; and, above all, let finance be primarily national. ... For these strong reasons, therefore, I am inclined to the belief that...a greater measure of national self-sufficiency than existed in 1914 may tend to serve the cause of peace, rather than otherwise." in the context of ""National Self-Sufficiency", Finlay Lecture at University College Dublin (19 April 1933), quoted in The Collected Writings of John Maynard Keynes, Volume 21: Activities, 1931–1939: World Crises and Policies in Britain and America, eds. D. Moggridge (1982), pp. 236-237" to mean that wisdom is timeless.